sp'daily5
VIX'daily3
Summary
April/Q2 began on a strong note, helped by a combination of Asian/European market strength, higher WTIC, and rebounding bond yields.Volatility was naturally subdued, with the VIX stuck in the 14/13s.
The market is s/t over-stretched, and a cooling wave is due, although no price action <2810 can be expected. The March settlement was outright bullish, and a challenge of the 2900s is clearly viable within April.
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| More fleeing the UK.. ahead of BREXIT. |
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| Day two of British Summer Time |
Extra charts in AH (usually around 7pm EDT) @ https://twitter.com/permabear_uk
Goodnight from London
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