12pm update – lunchtime cooling

US equities are cooling back, if clearly set for major gains.

sp’60min

VIX’60min

Summary

Some cooling into the afternoon is pretty natural.
Opening gap tagged.


notable stock: GOOGL

Target… green zone, with the 200dma.

notable semicon: NVDA

Powering upward with the main market. S/t bullish to the 200dma

notable fin: JPM

Green gap filled. Next up… teal!

notable miner: AEM

A second day lower. S/t broken with the sector.
The current candle is a hollow red reversal, leans net bullish for Thurs’, but daily momentum will likely weaken into next week/end month. The cautious will NOT be buying.

time for lunch