Monday, 25 June 2012

Closing Brief

Market closed mixed in the closing hour, VIX confirms the move lower, but VIX did close well off its highs.

Primary trend remains down.





I have chosen to wait to re-short until tomorrow. I have strong suspicion we can still get into the sp'1320/25 target zone at the Tuesday open. will be a case of looking for hollow red reversal candles on the VIX, and black candles on the indexes.

Much more later in the evening....