Not much to report trading wise. The stress test results were the biggest news of yesterday.
As far as trading goes though:
Chris Burba still looking for 1567 SPX as the measured move target from the inverted H&S
Chris Ciovacco spotting some trendlines in the VIX suggesting it could bounce here. VXX Chart.
ukarlewitz links a chart correlating retail sales and recessions – implication is not healthy. Retail sales.
And last but not least, check out this picture of the last 4 years in the stock market. Last 4 years.
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