sp'daily5
VIX'daily3
Summary
It was just another day for the equity bulls, opening moderately higher, and pushing to a new historic high of 3393 in mid afternoon. The late afternoon saw a touch of cooling, as the market is s/t cyclically over-stretched.
Volatility was ground back lower, with the VIX settling -3.0% at 14.38. Whilst Thursday will offer a cooling wave, Friday will lean to broad chop for opex.
--
Extra charts in AH (usually around 5pm EST) @ https://twitter.com/permabear_uk
Goodnight from London
--
If you value my work, subscribe to my intraday service.
For details and the latest offers, see: Permabeardoomster.com
