Vol’s Dead, Puts Hated, Bulls Inflated

The big picture

SPX continues trading inside the big trend channel that has been in place since last autumn. 50 day is down at 5900. Buying on any undershoot of the 50 day has been great. The longer term 100 day is down at the big break out level (5700). Supports: 6050, 5900, 5700.