US equities opened a little lower, and leaned moderately weak across the day. Its notable that the Dow did break a new historic high of 21535. The very sig' downside in the Tranports though does bode for main market weakness of another 1-1.5% before the weekend.
Market volatility remains broadly subdued, still stuck in the 10s. There is a notable open gap of 13.25/14.75 from May 19th. To see VIX 14s, we'd likely need sp'2400/390s, and that sure won't be easy. In any case, the key 20 threshold looks out of range until at least late Sept/Oct.
Extra charts in AH @ https://twitter.com/permabear_uk
Goodnight from London