sp'daily5
VIX'daily3
Summary
US equities opened on a weak note, but sp'2853 was all the bears could manage, and we saw an opening reversal. Equities battled upward to moderate gains into the afternoon, printing 2890, and settling +18pts at 2887.
Meanwhile...
... it just wouldn't be a normal trading day without at least one tweet from the US President about Print Central.
Volatility saw an early spike to 21.64, but then cooled back, settling -4.7% at 19.35. S/t outlook offers a little further upside in equities, but a break <2822 still appears far more probable than a decisive bullish break >2960.
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| A glimpse of late summer sunshine |
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| .. as Autumn isn't far off. |
Extra charts in AH (usually around 5pm EDT) @ https://twitter.com/permabear_uk
Goodnight from London
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