Everything is looking
on track, and in the style I was seeking. We've seen the VIX break
the key 20 threshold, the indexes have taken out a few key levels,
and even Mr $ is a little higher - after earlier declines.
Sp'daily, Keltner
Summary
First target is
sp'1390..sometime tomorrow. We might get a bounce from there to
around 1400/05..briefly.
All bounces will be
shorted (at least by yours truly)
--
The bigger primary targets remain unchanged.
Strike'1 for Mr Market
Once 1343 fails..then its 'free money' for the bears until 1270/60
--
The bigger primary targets remain unchanged.
Strike'1 for Mr Market
Once 1343 fails..then its 'free money' for the bears until 1270/60