US equities opened a little higher, with a quartet of new index highs for the sp'500, Nasdaq comp', nyse comp' and the R2K. There was an opening reversal, but it never lasted long, with equities challenging a new high in the late afternoon.. but getting stuck.
Market volatility remains very subdued, with the VIX still unable to break and hold the 10s. If sp'2435 next week, that should equate to VIX 11/12s. The low teens look out of range for the rest of the month.
|Just another summer's day|
Extra charts in AH @ https://twitter.com/permabear_uk
Goodnight from London