sp'60min
sp'daily5
Summary
*special note...
Intra-day updates will remain sporadic today. I might be back up to
full speed for Monday trading.
–
So, futures are lower,
and those bull maniacs getting excited about yesterdays ramp are
buying at bizarrely high levels. I could almost understand if they
were buying @ 1390/80s..but 1420, really?
-
Bears should be
seeking...
VIX weekly close >20.
That would be a massive confirmation of yesterdays break through.
A close <1413 would
be important to see, preferably...<1405/00.
On the flip side, a
close >1420 would be a victory for the bulls.
–
re: Sunday. I'm not
sure anyone yet knows what the US Govt' has in mind for Sunday. Is
there a vote, or ?
What is clear,
overnight futures trading on Sunday will be crazy wild. We could
(again) be lock limit down on the ES, or see some insane (even if
brief) hyper ramp 2-3%.
Regardless of 'news', I
will hold to my original targets.
Good wishes for Friday!