sp'daily5b
VIX'60min
Summary
*Fed official Dudley is on the loose this hour.
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Econ-data: Leading indicators: +0.6% vs 0.4% exp.
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Equity bears really need to break <2034 today.. into the 2020s. Thats not exactly a bold demand, but overall price action remains pretty subdued.. reflected in a VIX that remains stuck in the mid teens.
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notable weakness... miners, GDX, daily
Yesterday's vol' was monstrously high. GDX opened -3% or so.. but has seen a strong reversal, now -0.5%.
Metals/miners should (in theory) continue broadly higher.. with further capital market unrest.
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*bonus chart................
sp'weekly6
.. we have our first red candle!
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CORE break... sp'2033 FAILS. It is a VERY significant issue.
Black-fail candle on the VIX... fully reversed... its actually going to close positive for the opening 30mins!