VIX - Spread Issue / Friday / Hat Trick
The ES has completed our Price Objective @ 4546 during Globex.
It did exceed it by 1 Tick, 2.5 Ticks short of an ATH.
The VIX falling back to its 50% can provide a Lift to the ES to
new ATHs.
With the widespread on VIX Settle, higher remains in the Trade as the
continued effort to Lift the Equity Complex and turn the weekly
indicators to a BUY is losing momentum...
We will be awaiting the reaction at the prior ATHs.
It did exceed it by 1 Tick, 2.5 Ticks short of an ATH.
The VIX falling back to its 50% can provide a Lift to the ES to
new ATHs.
With the widespread on VIX Settle, higher remains in the Trade as the
continued effort to Lift the Equity Complex and turn the weekly
indicators to a BUY is losing momentum...
We will be awaiting the reaction at the prior ATHs.
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