sp'60min
vix'60min
Summary
Its a bit of a mess.
Minor moves so far today, nothing really of any use for trading. I'm certainly not going to bother to meddle in this nonsense today.
Target remains a final blue V up...to around 1575/80..on the markets 'relief' that QE will continue for a significant time to come.
I will short any such spike higher.
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VIX update, from Mr T.
VIX may have just maxed out in the low 15s, but we won't know for a few hours if thats the case.
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Tricky morning.
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UPDATE 12.50pm
Something I noted yesterday on my 'fair value' page...AAPL...its currently offering an initial fail at breaking declining resistance.
Not pretty !
back at 2pm