sp'daily5
VIX'daily3
Summary
September, and the final third of the year, began on a weak note, with moderate weakness across much of the day. The sp' saw a low of 2885, just fractionally above the downside gap of 2884/74. Volatility saw 14.35, but then cooled with a slight equity recovery, settling in the 13s. The s/t outlook offers the sp'2920s, and what will likely equate to VIX 12/11s.
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