Must. Close. Green. On. POMO
S&P closes up 0.02; ES closes up 0.25. Both were the most blatant token green close merely to force demonstrate that POMO days will always and forever close green. The market has moved from tragicomedy and is now doing stand up alongside Coco. Ignore the fact that VIX is now up two days in a row despite positive stock closes. Shortly, we will update our POMO analysis shortly to see how many sequential green POMO closes today brings us to.
h/t Credit Trader