Yet, the daily, and weekly cycles have underlying momentum to the upside still. So... bears should stay out of this mess.
IWM'60min
Sp'60min
VIX'60min
Summary
For anyone trying to play the open, this is surely becoming a real confusing mess. From overnight dow +150..and as I type, dow -35.
VIX is NOT confirming any move to the downside this morning, bears should be VERY concerned about that.
I think its best to let those algo-bots battle it out at least until late Tuesday, or early Wednesday.
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*I'll cover the daily cycles in the next hour maybe, they are ALL still warning of upside to my original target of sp'1350/60.