sp'daily5
VIX'daily3
Summary
US equities opened on a positive note, although the gains were once again pretty shaky. Equities leaned back upward into the mid afternoon with a high of 2929, and settling +11pts to 2924.
Volatility was subdued, with the VIX settling -2.4% at 15.82. Friday is end month, Q2, and H1, expect far higher volume as the big money re-position for July/Q3/H2 ! S/t price structure is a bear flag, and it threatens a break under the 2900 threshold. That is clearly more viable next Monday, after the G20 is out of the way.
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