US equities are very significantly higher, with the SPX battling to break AND hold above the key 200dma. A broader push to around 5900 now appears probable in early April. VIX has been ground to the low 18s.
sp’60min
VIX’60min
Summary
Suffice to add… we should expect a few sporadic moderate cooling waves this week, but should settle net higher.
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notable stock: TSLA
Tesla leading the entire market upward.
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notable retail: AMZN
A decisive break back above key price threshold. S/t bullish.
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notable Dow component: AAPL
A little laggy to the main market.
Last Friday’s bullish engulfing candle played out.
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notable trans: UAL
A stock that build a floor from around the 200dma.
time for a light lunch