US equities remain significantly lower, but as ever... the bull maniacs are out there... trying to find an entry level... helping to negate half of the declines. First target remains 1870/67.. with VIX 27s. With the USD -0.8% in the DXY 95.40s, there is a notable hyper-reversal in Gold from -$7 to +$23.
All cycles currently favour the equity bears into the weekly close.
It makes little sense that the market won't at least test the 1867 low.. and in theory.. a marginally lower low around sp'1850 would be rather natural... although that seems out of range today.
*I remain short DIS, GE, and long-VIX.. seeking to 'clear the decks' before the weekend... but if price action looks okay.. I could just about stomach holding into Monday.... not least as I've now dropped DAL.
time for some sunshine... or I'll go crazy