Mr Market had a somewhat flat and dull Monday, largely as expected.
The hourly closing index cycles...
IWM
Dow
Sp
Summary
As expected essentially a flat close. Tuesday will be much more dynamic. A move as deep as the low 1360s is viable
Notable move of the day, VIX +7%. I suppose that is something for the bears, and might be the very early beginning of a major VIX leap over the recent high of 21
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On what is a sleepy Monday..here is something to close the trading day... (a little..fun from RT TV)