12pm update - nasty market

It remains a nasty market, with the sp' set for the 1700s. The only issue is whether new index highs are coming in the weeks ahead...the weekly charts would suggest yes. Metals remain weak, with Gold -$19. Oil is recovering from the opening low, now -1.1%. VIX is almost 5% lower, in the 15s.


sp'daily5

vix'daily3

Summary

Suffice to say...a lousy end to the week for those still resolutely holding on the short side.

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VIX update from Mr T.



time for lunch