12pm update - battling upward

US equities have seen a natural turn around 11am, with the sp' already having swung from the 50dma of 2090 to 2102. A daily/monthly close in the 2110s remains very viable... along with what remains a subdued VIX in the 13s. Metals remain weak, Gold -$23. Oil is building moderate gains of 0.8%.


sp'60min

FXE,15min

Summary

*I continue to have eyes on FXE.. having battle beyond where I was looking.. finally, it might be in cooling mode... into early May.
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Not much to add... on what is likely just another day of moderate weakness.... only to conclude with latter day strength.

notable weakness: miners, GDX -2.7%.. as the metals end the month.. net lower.

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VIX update from Mr T.



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time for lunch