12pm update – cheerleader time

US equities are very significantly higher… as s/t momentum continues to increasingly favour the bulls.

sp’60min

VIX’60min

Summary

Yes… the bulk of today’s gains have clearly occurred, and we’re set for increasing chop into the mid afternoon. Its not going to take much to break >3950 within 1-2 weeks.


notable dow component: AAPL

Reflective of the main market.. as new hist’ highs appear due this spring.

notable stock: DKNG

New historic highs, after coiling price action has broken up and away. Giant psy’100 isn’t so crazy. Momentum has turned positive.

notable strength: DIS

The mouse powering upward with the main market.

notable weakness: TWTR

Twitter is just s/t over-stretched. M/t bullish 90/100.

Time to venture outside…