Sp'60min
VIX'60min
Summary
No sign of a turn, in fact..could even get worse. If we close today below the down channel on most of the indexes...do we collapse Monday? The VIX is suggestive of further problems into next week.
Friday, 18 May 2012
3pm update - weak..and getting weaker
With the FB hysteria fading away, the market returns back to normal service...day'13 of this down cycle..and we're slipping into the close. VIX is breaking new highs, the next soft level is 27..then 31.
Sp'60min
VIX'60min
Summary
No sign of a turn, in fact..could even get worse. If we close today below the down channel on most of the indexes...do we collapse Monday? The VIX is suggestive of further problems into next week.
Sp'60min
VIX'60min
Summary
No sign of a turn, in fact..could even get worse. If we close today below the down channel on most of the indexes...do we collapse Monday? The VIX is suggestive of further problems into next week.