sp'daily5
VIX'daily3
Summary
US equities opened moderately higher, helped via Asian and European market strength. The SPX broke a new cycle high of 2794, which was fully confirmed/supported via a new cycle low in the VIX of 13.67. The afternoon saw a little cooling, but then Trump made an appearance with the Chinese VP... resulting in a mini ramp.
As things are, the March 1st scheduled hike in tariffs is almost certainly going to be delayed.
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| Climbing into the weekend |
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| A few minutes of serenity... whilst BREXIT is another day closer. |
Extra charts in AH (usually around 7pm EST) @ https://twitter.com/permabear_uk
Goodnight from London
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