10am update - gap higher..and a fail?

Good morning. With the headline jobs number coming in broadly in-line with what the bullish maniacs were seeking, we're seeing a spike higher..but I don't think it'll last. Look for black candles on the index hourly charts..and a red hollow reversal on the VIX.


sp'daily5

vix'daily3

Summary

*more econ-data at 9.55/10am.
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UPDATE 10am... I've just shorted Silver, it looks reasonable for a significant wave lower, at least $2 downside across the next week or two.

Looking for indexes to go red today. An index close -0.5% would make for a good strong reversal.
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UPDATE 10.25am  VIX really getting slammed lower..almost 10%..back in the 12s.

It sure will be interesting how we close today. Those low VIX 16s now look an awful way up again.