11am update - algo-bots gone wild

Many will be aware of the giant 'sell ES mini contracts' order at the close of yesterdays trading. Well, this morning it seems we have algo-bots going crazy again.

Zerohedge highlighting this mornings opening madness


sp'60min, rainbow

VIX'60min

*VIX still holding over the hourly 10MA.


Summary

We remain in a clear bull flag. Far worse though for the bears, look at the MACD cycle, the cycle floored yesterday and we're already crawling back up.

Its gonna get real messy at 2.15pm today.