12pm update – lunchtime chop

US equities remain choppy, if still net higher. The Trans and R2K are both very sig’ higher. WTIC $70.11. Gold $2690.

sp’60min

VIX’60min

Summary

S/t equity structure is arguably building a bear flag, ahead of a Thursday, which should inherently favour the bears. VIX has a viable bull flag.

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notable defence: LMT

Choppy, if leaning back upward.
New hist’ high clearly coming, with Israel/Iran
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notable airline: UAL

United soaring on fine earnings.
Having cleared psy’70, next resistance is 76/77.
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notable strength: ASTS

Momo has turned positive. Sister RKLB is similarly higher.
Both look good into the next decade.
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notable miner: CCJ

… as the Uranium miners are hot!