3pm update - significant net daily gains

The sp'500 has seen a moderate down wave from 2055 to 2041, but still looks set for a daily close in the 2050s. VIX remains very subdued, -9% in the 15s. USD is holding very sig' gains of 1.3% in the DXY 96.30s.


sp'60min

sp'daily5

Summary

*earnings due at the close... AMZN and GOOGL
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Without question, a day when the equity bears really felt some pain.. and with the Nasdaq already breaching the 200dma.. there is little reason to expect anything different until at least after next Wednesday's FOMC.
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back at the close