US equities continue to claw higher toward the 200dma (sp'2019), with the VIX remaining subdued in the 16s. With the market mood rather bullish, the precious metals are losing a distinct fear bid, with Gold -$12. Oil has notably cooled, now +0.4% in the $38s.
sp'daily5
sp'weekly1b
Summary
*it is highly notable that the upper daily bollinger is sp'2033.. whilst the lower is powering upward.. now at 1875.
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Market looks increasingly comfortable for rest of today, and in theory, it should hold together into Wednesday afternoon.
The gap zone of 2038/43 is certainly within range, but from there.. we should see another key lower high solidify.
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Here in London city....
Finally, some sunshine this week... and it almost feels like a real spring day. Bullish!
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time to cook