sp'60min
vix'60min
Summary
*I'm well aware of the other outlooks, and maybe I'm just annoyingly a little early again.
If 1911 fails to hold, then we're probably in some C wave lower. There is a micro gap around 1900.. which is an obviously pretty big threshold.
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Regardless, I just don't see the price action as particularly bearish.
VIX update from Mr R... and an intern.
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time for tea.. or something
12.26pm.. so much for the 1911 low....
The break offers 1905/00 in the immediate term.
Despite the declines, VIX still only +2% in the 16s.
12.40pm.. sp'1908....... its getting tedious.