US equities are showing some upside power, with a break into the sp'1960s. Next target is the Tues' high of 1988, and more importantly... the 1993 high. After that.. 2000/2010 zone. Whether the market can spike to 2050/70 on the FOMC... difficult to say.
sp'60min
VIX'60min
Summary
Little to add.
Market is back to 'grind the bears into the FOMC' mode.
I can't be short this. .. and indeed, I remain long DIS and USO... will hold overnight.
back at 3pm