3pm update – into the close

US equities have put in a hyper spike floor from 3819… with indexes set for net daily gains. VIX printed the 30s, but has already cooled to the 25s. USD printed 111.36… but is cooling back.

sp’60min

VIX’60min

Summary

*purple gap filled… with a brief foray >3900.

The 2pm candle is offering a pretty powerful hyper spike floor… highly suggestive of further upside. Soft target 3900, 4K, and then green zone. I’d be VERY content to be heavy short from anywhere >4K…. preferably before the weekend.


Back at 3.30pm in THIS post.

Price action remains pretty twitchy, but we aren’t set to end on a ‘ohh the humanity’, down note.


VIX 26s… as today’s spike… leans s/t bearish volatility, if only another day or two.

Back at the close.