sp'60min
VIX'60min
Summary
*VIX is similarly showing a flag - a mini bull flag....with the 15/16s viable by the close
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So... best guess.... weakness for the rest of the day.
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No doubt, if we do close at the lows of the day, then the 'end of the world' crowd on Zerohedge will be in an especially crazed mood.
Unless we break <1904... primary outlook remains to the upside.
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yours... on the sidelines... where it is rather comfortable right now.
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2.17pm... nano bull flag....should all be wrapped up by 2.30pm or so....
Still seeking weakness into the close.
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2.27pm.. sp'1952.... bull flag....is about complete...
It is key turning time.... 90mins to fall into the close
2.36pm sp'15min cycle...
maxed at 1954... at the typical turn time.
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