It’s day 4 of the nearly complete IH&S. USDJPY, a drag on equities for much of yesterday, apparently got the memo and is threatening another breakout.
On the other hand, CL and RB – yesterday’s algo treats – are slumping and VIX remains non-committal. Put it all together, and SPX/ES remain within striking distance of a breakout. But, there’s been absolutely no follow-through. I suppose the absence of an affirmative statement is the statement.
continued for members...
Sorry, this content is for members only.Click here to get access.
Already a member? Login below… |