US equities are choppy. The daily SPX candle is a little spiky from around the 50dma 4347. VIX is choppy, if holding the opening floor of 15.06.
sp’60min
VIX’60min
Summary
First support is the hourly 10MA. A daily close under it would be… something. I’m assuming I’ll hold across the weekend, resolutely seeking basic target of the 4260s.
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notable bond yield proxy: TNX, 60min
The bulk of the mainstream appear to believe no more rate hikes, and expecting cuts in 2024.
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notable Dow component: DIS
Partly helped by sister PARA talking about ‘less streaming losses’
Broadly, Disney is still m/t horror.
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notable car: TSLA
Gains are fading, the current candle is black/spiky, and it won’t take much to settle red.
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notable health: LLY
Morgan Stanley, overweight, 673>722