12pm update - four candles

US equities remain in minor chop mode, as the monthly/quarterly close is fast approaching. Understandably, many of the bulls are now gunning for further broad upside into the summer, along with new historic highs in most indexes.


spdaily5

VIX'daily3

Summary

Little to add.

Market seems content to churn. Current price action is clearly still leaning on the upside, but technically, a break lower remains due.

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As for 'four candles'



An English classic (1976)... as the second of 'The Two Ronnies' - Ronnie Corbett, has died.

Distant times indeed.
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