sp'daily5
VIX'daily3
Summary
It was a pretty subdued start to the week, with most indexes leaning on the moderately weaker side.
However, its notable that the equity bull maniacs still managed to break a new historic high in at least one index - the Nasdaq comp'. By definition, regardless of the rest of the week... its already another week for the equity bulls.
VIX remains broadly subdued - as it can for many weeks, even months at a time. Sure, a brief spike to the mid teens is always a threat on any sporadic 'spooky news', but the key 20 threshold looks out of range for another month.
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*I'm still open to taking any end 2017 targets for the sp'500. Email/message me, if you want your outlook to be added.
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Goodnight from London