US equities are consolidating, with the SPX having got stuck from gap resistance. S/t momentum is due to turn positive though, and is highly suggestive of net daily gains of some degree.
sp’60min
VIX’60min
Summary
A little cooling from 11am.. shouldn’t be surprising.
We should settle net higher to some degree.
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notable semicon: INTC
Intel powering toward next resistance of the $58s
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notable stock: AMD
Partly pulled upward by sister INTC
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notable retail: HD
Yesterday’s hollow red reversal candle played out.
Earnings due early Feb’ should be fine.
Soft target $400
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notable miner: FCX
New hist’ high, despite copper cooling to $5.77