Monday 23 July 2012

Closing Brief

A good day in bear land...despite the latter day ramp, but I'm fine with that.  It just makes for higher prices to re-short from tomorrow ;)

The closing hourly cycles...


IWM



Dow



Sp


Summary

With the VIX closing 14% higher...bears still had a fairly good close to the day.

I will re-short tomorrow, preferably around 1355/60....before the Tuesday close.

Much more later in the evening.