dow'60min
VIX, daily, rainbow
Summary
If we break the lower channel line, we should start to see some significant declines by the close.
Look for dow -45/60pts. If we see that sometime today, it should be indicative of a major turn underway.
Regardless, stop levels for anyone wanting to take new positions are VERY clear, since we've been in such a tight trading range for the last 8 days.
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VIX remains largely flat, nothing notable yet. Yet, we do have two blue candles on the rainbow chart...a turn is being indicated.