Gotta love ZERO RISK in the SP500 = $$$

Very low volume rally taking place. Yesterday at this time volume was 1/3 heavier.

 

Low volume, and weirdly my town has a parade in the middle of the day tomorrow. Strange times.

 

if ES breaks 2700 to the downside.. it's all over for the bulls

 

Low volume but not low volatility.

 

I don't think 2700 is that big a deal, lower 2560-2600 is the line in the sand. At least that's how i see it.

 

2700 area looks pretty important to me -and momo slowing might be giving a heads-up as to the direction:

 

What did I say, if oil prices get too high Mr president will step in.....oil is going to fall really hard if he mandates OPEC to stabilize oil markets


And what's this:.



Trump demands that OPEC do more to stabilize oil markets and 'reduce pricing now'

• President Trump called on OPEC to 'reduce pricing now,' presumably a call for the oil cartel to issue more crude to contain a surge in oil prices.
• Brent crude has spiked to multiyear highs, dragging up gas prices and putting pressure on the economy.

Javier E. David | @TeflonGeek
Published 1 Hour AgoUpdated 44 Mins AgoCNBC.com

https://www.cnbc.com/2018/07/04/trump-demands-that-opec-do-more-to-stabilize-oil-markets.html

 

Looks like a higher open on wall street. Sell off almost erased over night...like magic.

 

If i did not know better, i would say someone has the employment data, and is acting on it.

 

Equity's can go to the moon, but not oil, and they still say the U.S. is a free market..pfffttt.