21 July 2016

SP 500 and NDX Futures Daily Charts - How Are the Mighty Fallen

“Empires die, like all of us dancers in the strobe lit dark.

See how the light needs shadows.”

David Mitchell

Stocks were a bit off today, as the risk on stampede cooled off a bit, as the bulls began to dwindle away for the long Summer weekend that they desire.

VIX ticked up a bit, as the buyers looked around themselves and saw how far they had come, and heard the snickers of the pros as they helped them to mount ever higher.

Tomorrow will likely be a sleepier day, with the adults gone by noon if not before.

Have a pleasant evening.