sp'daily5
VIX'daily3
Summary
The new month began on a choppy note, although the spx did break a new cycle/bounce high of 2716.66. The afternoon saw further chop, increasingly leaning on the weaker side, with a nano ramp in the closing few minutes.
Volatility broke a new cycle low, settling in the low 16s. S/t outlook offers the 200dma in the sp'2740s, which will very likely equate to VIX 15s.
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Goodnight from London
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