12pm update - moderately weak

US equity indexes remain moderately weak, with the sp' having hit 2047.. along with VIX 19.05. USD continues to build very strong gains of 1.4% in the DXY 99.20s.. and that is pressuring most asset classes... Gold -$19, Silver -2.8%, with Oil -2.1% in the $36s.


sp'60min

VIX'60min

Summary

Clearly, the weakness is stronger than expected.

With the lower hourly bollinger rising as it is.. the 2025/20 gap zone looks out of range. Even if hit... an opex weekly close around 2050 would remain very natural.

Regardless of the current weakness... the Monday low of 1993 looks extremely secure.
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VIX update from Mr R.



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time for tea :)