sp'daily5
VIX'daily3
Summary
US equities opened moderately higher, and built strong gains into the early afternoon. The afternoon saw some choppy cooling, especially within the closing hour, but it still made for a third consecutive net daily gain.
Volatility was ground lower, with the VIX printing 15.16, and settling -7.0% at 15.29. The s/t cyclical setup will favour the equity bears for Friday OPEX, with the sp'2850s very much within range.
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