sp'60min
VIX'60min
Summary
*an equity bearish MACD cross (with a bullish VIX cross) is due within an hour or two, and the algo-bots should be selling into that technical signal
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With Oil inventories showing a net weekly surplus of 2.1 million barrels - very much contrary to the API report, the early oil gains have vapourised, and that is not surprisingly dragging the broader market lower.
The underlying issue of over-supply has not in ANY way been addressed, and it remains utterly laughable that talk of merely stabilising supply is now supposedly bullish for prices.
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VIX update from Mr T.
*seemingly a no-show*
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time for lunch