11am update – awaiting SPCX to print

US equities remain a little choppy, with SPCX due to trade… somewhere within 175/190, psy’$200 on a stretch.

sp’60min

VIX’60min

Summary

SPX is s/t cyclically high.
VIX is s/t cyclically low.

In theory… net bearish into the weekend.
I’d not be surprised to see SPX -50/60pts.


notable stock: SNDK

New hist’ high, as daily momentum turned positive.
The FPE is around 22.

notable stock: GOOGL

Black candle from the 50dma

notable commodity: GOLD

Some 5% below where it was last Friday

notable miner: NEM

Yesterday’s bullish engulfing candle played out.
The current candle is black.
Net bearish with gold for a few months.