Looks like market is breaking out on lower crude/commodities and the higher dollar.

Just sold some SSO/UWM as the markets started to rip higher and FWIW the VIX slipped to about 13% under the SMA 10 and the RSI (2) is at/near 90 on most major indexes except for the NAZ/NDX.

My suspicion is crude is not going down in a straight line and another sharp drop would surprise this fish- not putting on shorts (yet) but in the back of my mind-

Tech levels - resistance probably on SPX at/near the 1270 area and a hair under the $190 on GS during the prior rallies after that $200.


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