sp'15min
Summary
Simply...standing by.
Trade..all programmed in...just waiting to hit some buttons...when the mood takes me ;)
*I usually revert to the 5..even 1min cycle..in a vain attempt to get a better exit/entry.
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VIX update from Mr T.
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Updates across the afternoon
1.02pm... upper bol on the hourly..now 1704.. thats the best the bulls can get...and its falling.
Looking good...i'd like 1701/02 within the next 15-30mins
1.11pm.. I am SHORT the indexes, from sp'1699
1.15pm... 5/15min cycles look done...
All thats left is for the hourly cycle to rollover into the close..bears should seek anything <1693
1.29pm... bulls should be concerned now...as market battles it out just under sp'1700.
With the hourly chart set to max out within the next hour (at least on a momentum basis, I think price already has)...bears should be able to knock this lower into the close.
That will set up the 1670s..as early as tomorrow.
1.40pm... VIX looks floored in the mid 12s.
No confirmed turn..yet...but its gotta be close now.