Friday 3 August 2012

10am update - morning spike..then fail?

Another early morning gap/ramp based on more nonsense deceit and lies from the mainstream media about the 'good' jobs numbers. Ironically, I'm even seeing the maniacs on the clown networks still tout QE likely in September, even with their latest 'super good' economic 'pro obama' data.


SP'60min



VIX'60min


Summary

SP'1391, is clearly the next line in the sand. If we see 1392/93..then I guess those touting 1425/35...may well indeed be right.

VIX is putting in a reversal candle from a 16.01 opening low.

ISM data due.

Urghh !