sp'60min
vix'60min
Summary
Well, its been a long week, and a tough quarter for the bears, and unquestionably, the first half of the year has been vastly on the bullish side.
I can only hope the market sees some serious volatility in Q3/4, if only to offer some good cycles to trade.
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*I will hold heavy-short across the weekend.
Something for the bears to look to, as possible indication of weakness early next week...
Oil...weak
Oil has often been a leading indicator, and so far, its still failing to break the big $100
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3.11pm..well, there is a touch of weakness...sub 1610.
Arguably, anything <1610 should be enough to at least calm those bears terrified of closing >1625/30 (including yours truly).
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3.35pm.. sp'1614s, hmm, a ramp into the close to 1620s would be a real annoyance.
Who wants to hold long across the weekend? Although I realise, the same can be said to those on the short side.