3pm update - significant gains

US equities have built somewhat significant gains, with the sp' having hit 2020, along with VIX 16.39. Underlying upward pressure is set to continue into early next week, as even Oil has broken out of the short term downward trend.


sp'daily5

USO'60min

Summary

.. if it gets any colder here.. I'm going to lose the ability to type my AH posts..

brb...
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3.22pm... well, there go the sp'2022 short-stops.

Door is wide open to 2030/40s for tomorrow/Monday.

More broadly.. the only real issue is what happens in the 2040/60 zone... in FOMC week.
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Oil has seen a rather powerful reversal... now +0.5%..