1pm update - somewhat stuck

US equities are holding moderate gains, and are somewhat stuck under resistance of sp'2060. With three hours left of the trading week, its merely a case of whether a significant number of the rats decide to jump ship into the weekend.. as the once touted key floor of 2040/39.. remains broken.


sp'60min

VIX'60min

Summary

Little to add.

If Mr Market wants to cause max upset.... it'll run the 2060s stop... but then cool after 2.30pm.

In any case... I can't take any upside seriously unless >2080... if not the 2100s.

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notable weakness, CHK, daily

Despite some hysteria in early March, and again in early April, Chesapeake Energy continues to broadly struggle, and remains on the disappear list.
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time for some sun.... back at 2pm