Thursday, 3 May 2012

2pm update - sp' mini H/S formation confirmed

Finally, we've a clean break below 1394. Things are starting to get real interesting, even the VIX is starting to pick up almost 6% (with a buy signal on the VIX rainbow chart).


Sp'60min



Nothing else to add right now, aside from the fact that it is certainly pleasing to see a formation/theory develop, and be confirmed :)

The daily cycles are now looking VERY promising for major downside in the coming days.