sp'60min
VIX, daily
Summary
Truly tiresome, and it seems like months since we saw a 1% index decline. Well, it was really just over 3 weeks ago (Friday Dec'28), but it sure feels longer.
VIX continues to flat line, surely we'll get back to the 16s soon?
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How will IBM close? A close under the opening gap would result in a somewhat bearish black spiky candle.
There is increased talk about Gold getting stuck at the 50 day MA. Certainly, I think we still see a final fifth wave lower..before a major move higher into the spring.
GLD, weekly2, rainbow
back at 3pm