3pm update – into the weekend

US equity indexes are set to mostly close on a weak note, but overall price action remains pretty resilient. WTIC $68.62. Gold $3356. Silver $38.49. Copper $5.61.

sp’60min

VIX’60min

Summary

Regardless of the exact close… net bullish week.
The s/t cyclical setup favours the bulls, but equity structure IS a bear flag, with a mirror bull flag for the VIX.


notable stock: JPM

Moderately lower with the main market.
Set to kick off Q2 earnings next Tues’ morning.

notable stock: AVAV

Very powerful gains… on Hegseth wanting more drones.

notable strength: NVDA

New hist’ high. Impressive gains.

notable stock: AMD

Follwing Nvidia upward… as green gap is set to be filled.

back at the close…