US equity indexes are mixed. The Transports is really struggling, -1.9%. VIX has cooled back to the 27s. USD is -0.6% at 103.38
sp’60min
VIX’60min
Summary
Well, we’re slipped into chop mode.
Regardless of the exact close, with a new cycle low, its a net bearish day.
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notable nuclear stock: OKLO
Trump set to call a national emergency in terms of energy, whilst Canada is threatening to cut off energy supply to the USA !
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notable weakness: DIS
An ugly and decisive loss of the 200dma.
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notable miner: FCX
Freeport higher with copper printing $4.78.
A break/hold >$5.00 would argue against grander equity downside.
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notable trans: UAL
Guidance issues from the sector, on valid concerns of less travel into the summer.