US equities are battling to hold moderate gains, as s/t momentum is on the high side, and just starting to weaken. USD is recovering a little, -0.2% in the 90.32s.
sp’60min
VIX’60min
Summary
We have a very subtle cyclical rollover from 3711… 1pt below what is a viable LEFT shoulder (Dec’9th). Strong confirmation if a cooling wave to 3650s or a little lower within 1-3 days.
VIX appears cyclically floored… need the 23s to offer some clarity.
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notable financial: PYPL
Paypal is due to settle lower, but that is after yet another new hist’ high.
RBC 218>245
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notable strength: DIS
The mouse is set for sig’ gains, helped by a couple of upgrades. Psy’200 isn’t a stretch by March/April.
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notable energy: OXY
A strong day for Occidental. M/t bullish.. with the sector.
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notable tech: AMD
A sixth day lower, as the 50dma appears on track.
back at the close…