sp'60min
Summary
*a somewhat strong closing hour - despite a weak 1pm hour.
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So, the sp'1900s are now within easy range, and those recent hopes (a mere 4 days ago) of the 1800/1790 zone, look a long way down.
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I remain on the sidelines, but am open to going long the indexes, but if the market keeps rising, finding an acceptable entry will be overly difficult, not least for a permabear!
At worse, I'll just sit the next month or so out. What I won't do is attempt to short this nonsense, not least with the weekly/monthly charts now offering the sp'1960/70s in May.
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more later..on the VIX