sp'daily5
VIX'daily3
Summary
US equities opened moderately higher, and broadly climbed into the afternoon. With a positive market, volatility cooled for a third consecutive day, settling in the upper 18s.
Friday should be interesting as not only do we have the monthly jobs data, but Fed chair Powell is due in the 1pm hour, and Mr Market will be watching.
There will be live coverage on the main financial networks, but there will also be a live feed
see: https://www.youtube.com/user/EconomicClubChicago
--
Bonus chart: Japan, monthly
We've a long month ahead, but as things are, the Nikkei is +2.3% at 21645. The 21k threshold remains very important. Core rising trend is currently around 20k. At the current rate, we're due a bearish MACD cross within 1-2 months, and that would merit alarm bells.
--
--
Extra charts in AH (usually around 7pm EST) @ https://twitter.com/permabear_uk
Goodnight from London
--
If you value my work, subscribe to me.
For details: https://permabeardoomster.blogspot.co.uk/p/subscriptions.html