US equities have built significant gains, although energy and transports are still struggling.
sp’60min
VIX’60min
Summary
Hourly RSI >70… as we’re s/t very overbought. I guess some of the micro wave counters will deem us as being within some kind of wave’3. In any case… there is zero sign of a s/t ceiling/turn.
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notable bond ETF: TLT
Yields are a little cooler, but broadly… its all chop.
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notable financial: BAC
Green gap filled. Its now all about whether the 200dma can be cleared. Earnings are due early Wednesday!
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notable strength: F
Ford pushing against key price threshold. Benchmark upgrade… p/t $10.
Time for lunch…