$ES $SPX $SPY #US500 not even one tail overnight at 6075-70. Near term target 6105. Da Boys need to build out the structure, there’s nothing above until 6150, far off. Below 6070 potential return to the call wall 6050–30. Put support remains 6020–6000. Below sellers take control
$VIX has been down 8 days in a row. If it closes lower today (probably not, at this juncture), it will be only the 10th time in 35 years. The record is 10 down days in a row, which has only happened three times in the history of the VIX. For now, the VIX floor is about 13.
Goldman S&T:
- Our floor tilts +1% better to buy with HFs on the bid and LOs on the offer
- HFs +3% better to buy reversing early sell skew. Demand concentrated across Comm Svcs, Fins, IT & Industrials
- LOs -3% better for sale driven by supply in Industrials, Fins, Staples