sp'60min
VIX'daily2
Summary
Little to add.
Clearly, if the sp'2040s are coming, they sure aren't viable today.. or even early Monday.
As things are.. the setup favours the bears into early next week. The only issue that would provisionally negate such an outlook would be a Friday close above declining resistance of sp'2099... and I sure don't expect that.
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time for a slightly early lunch...
11.12am.... With the USD turning positive... commodities under pressure...
Gold turns red... taking the miners lower.