Not much strength in last night's selloff, apparently inspired by the fact people are saving instead of spending. At least they have money to spend.
Most stocks advanced (59%) compared to the decliners (37%).
Interesting again to see the $US fall against the AU.
Four charts follow:
The US dollar index is heading sideways in a narrow channel
VIX is still trawling the bottom, but movements up have tended to be pretty limited.
Sorry, Bringiton, but I spx chart doesn't appear bearish to me, on daily or 30-minute.![]()
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