US equities are choppy, if leaning upward, with the SPX pushing against first resistance of the hourly 10MA. VIX has been ground into the mid 19s.
sp’60min
VIX’60min
Summary
The micro 5/15min cycles are on the high side, and I’d look for a stall from around current levels.
*I remain content to sit back and watch this side of the long weekend.
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notable stock: AAPL
The problem is that daily momentum is due to turn negative at next Tuesday’s open.
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notable Dow component: NKE
A positive end to the week.
The m/t bullish breakout threshold remains $70
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notable silver ETF: SLV,15min
S/t cyclically high.
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notable miner: HL
Today’s candle is an inside day, and leans s/t bullish.
Earnings due Tues’ AH
time for lunch