Guardians of the Galaxy

As expected, futures just joined SPX in making new all-time highs.  All it took was sneaking CL above its SMA200 and repeatedly hammering VIX below its SMA10.  Child’s play for central planners.But, in guarding against any declines, ever, they have run into some issues that might limit the techniques’ effectiveness going forward.  We’ll take a look, and update currencies while we’re at it.

Last week’s targets and caveats remain in place.

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