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.





