Commodities just gapped higher with GTX above the important 2423 bull-bear line in the sand. Bears must reverse this joy. Bears also need weaker copper and must try to push CPER below 16.42 (for copper futures this is analogous to the current price of 2.63 falling below 2.62). Copper floats higher as Chile falls into chaos and anarchy which hurts copper production and supply.
Weaker chips and higher volatility will also create stock market angst. Bears need VIX above 15.70 or they got nothing. The bulls are feeling pretty good about themselves puffing their chests out as stocks float higher. The SPX is at 3001 and climbing higher.
Weaker chips and higher volatility will also create stock market angst. Bears need VIX above 15.70 or they got nothing. The bulls are feeling pretty good about themselves puffing their chests out as stocks float higher. The SPX is at 3001 and climbing higher.
10/27/19;
7:00 PM EST =
10/25/19;
10:00 AM EST =
10/23/19;
10:33 AM EST = +88; signal line is +67
10/22/19;
11:46 AM EST = +74; signal line is +64
10/22/19;
10:52 AM EST = +88; signal line is +61
10/20/19;
7:00 PM EST = +74; signal line is +59
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