11am update - sunshine for the bulls

US equities are comfortably holding significant gains, and it would seem we'll at least hit the sp'1950/65 zone in the current wave from 1902. The only issue is whether the market will manage the 2K threshold, and right now.. the bigger weekly charts support that notion.


sp'weekly1b

VIX'daily3

Summary

The VIX is notably back under the 20 threshold.  18s look due this week. If sp'2K... then 16/15s... briefly. Frankly... that looks a bizarrely good level to build an initial VIX-long position.

Fed official Fischer is speaking tomorrow AH, and that might give the excuse for 1960s.. before a short term pull back.
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Here in London city...

 About as good as it gets for February.

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time to cook