sp'daily5
VIX'daily3
Summary
Surprised, are you?
Yesterday's closing technical setup (short term) was on the low side. Even if this morning opened lower, the market would have seen some degree of latter day recovery.
Instead, the most bullish scenario occurred, with the sp'2400s and Dow 21000s.. levels that most thought insanely 'bold' just a few months ago.
Yet.. here we are..... with a super strong equity market... not just in the US.. but across much of the world.
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Ohh, and the following skies are most appropriate for those still trying to short this market...
I could say a lot more... but for now. .that will suffice.
Goodnight from London
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For those with an interest in the precious metals/miners...
see: http://permabeardoomster.blogspot.com/p/research-reports.html