same pattern, the up's are slow and steady, baby steps really. Thats so good for the market.
i've noticed that on these recent up moves, the open interest has been going down. Sure, the recent sell off, we saw massive long liquidation, but me thinks , for the first time, no new shorts are being added. Maybe these guys, the bear ATM crowd, knows not to go the well again, except of course, when we near $50. thats the big deal.