12pm update - breaking resistance

Not surprisingly, US equity indexes have turned positive, and a short-stop cascade is in progress above broken resistance of sp'2111. New historic highs are viable this afternoon... with the sp'2130s a pretty easy target next week. Oil is building strong gains of 3.4%.


sp'60min

USO'60min

Summary

... things are progressing as expected.

Little else to say.
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VIX update from Mr T.


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time for tea.. or something