11am update – morning chop

US equities are choppy, if leaning upward. USD is +0.2% at 103.28.

sp’60min

VIX’60min

Summary

S/t equity momentum (at least for the SPX will be prone to ticking upward into the mid afternoon. Bears could look for a bear flag to form… so long as nothing sustained above the hourly 10MA

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notable stock: AAPL

Apple is struggling… partly in sympathy with ASML
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notable weakness: NFLX

Day four down… with earnings due Thurs’ AH

See   https://variety.com/2024/digital/news/netflix-q3-2024-earnings-preview-price-increases-analysts-1236178473/

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notable car: TSLA

Another vain bounce attempt… but very much short/mid term broken
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notable miner: UEC

Uranium energy is close to breaking a new multi-year high.
Valid alt: CCJ

time for a light lunch