Monday 25 February 2013

Closing Brief

A very interesting day, with the indexes seeing a strong reversal after opening moderate gains. Most significant, the VIX breaking 30% higher into the 18s.


sp'60min



Summary

A somewhat severe closing hour candle...the most dynamic action we've seen in at least 3 or 4 months.

VIX confirming some real concern..with a break into the 19s!

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*I bailed on both my short blocks at 3.45pm. Its been a messy few days, and I'm far more content to start afresh tomorrow.