US equities opened fractionally weak to 2918, swung upward to 2931, only to then implode to the 2900 threshold in late morning. That was all the bears could manage though, and it made for a natural s/t floor, before choppy afternoon upside to settle just a little lower at 2917. The two leaders - Trans/R2K, notably both settled net positive, and it bodes bullish for the rest of the market.
Volatility saw high of 15.92 with sp'2900, before cooling back lower, to settle -2.6% to 14.42. The s/t cyclical setup favours the bulls into the weekend.
|... and showers.|
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Goodnight from London
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