S&P 500 continued late Wednesday‘s recovery, and didn‘t make it above 7,020 as predicted – again rejected, and the same goes for Nasdaq. It was only Russell 2000 that was finely profitably trending, bringing great gains to clients. As all indices are entering Friday on a cautious note, let‘s examine the volatility chart featured last couple of days – as I often say, it‘s the bond markets that have it most often right.
Data light day ahead, opex Friday, and long weekend ahead. Bitcoin isn‘t going anywhere – the latest breakout fizzled out, back to square one and indecision in cryptos.
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Let‘s move right into the charts (all courtesy of www.stockcharts.com) – today‘s full scale article contains 4 more of them, with commentaries.
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