sp'daily5
Summary
Not much to add.
The gains are arguably too powerful for anyone to consider this part of a mere bounce. Market looks set to battle higher into next week.. and probably into the next FOMC of June 17'th.
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I am increasingly having thoughts about a re-short in the metals...
GLD, 15min
As ever.. a reasonable time to get involved might be the 2pm hour... and holding across the weekend.
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VIX update from Mr T. due
*seemingly not appearing...
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time for tea :)
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12.10pm ... Am now SHORT GLD... from 114.05... will hold across the weekend.
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12.31pm.. sp'2115.... with Nasdaq comp' 5K. Again... if Nasdaq can get a monthly close in the 5200s, it'd bode for further upside of another 5-10%