US equities continue to claw upward, with the SPX printing 6586. Copper has picked up to $4.65
sp’60min
VIX’60min
Summary
The hourly RSI is >70, as we’re s/t overbought.
However, its difficult to see the bears achieving anything other than ‘weak leaning chop’ in the next cooling wave… whether tomorrow or Monday.
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notable stock: AAPL
S/t floored… net bullish, if only a few days.
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notable weakness: DIS
The fourth day lower of five. Two big gaps to deal with!
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notable strength: F
Chatter of rebranding. S/t floor from around the 50dma.
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notable tech: PLTR
Struggling to the main market… although momo turned positive. S/t bullish… if only a little.
time for lunch