*much more later this evening, including the VERY important moves in the Euro-indexes earlier today.
Sp'60min
VIX'60min
As noted earlier, it looks like the short term floor is in. We've had a very clear 5 waves lower, and now we're due some kind of bounce. 2% back up would be a normal 50% retrace, and would get us back to the sp'1385/90 level. Maybe 1400 is already out of reach?
VIX putting in a few spiky tops, certainly starting to look like that's the max' for a few days at least, maybe even as long as 2-3 weeks.
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More later.
Good wishes