sp'60min
VIX'60min
Summary
Bulls should be seeking a close above the hourly 10MA @ 1553. Anything over that will set up a break of the 1563 high tomorrow.
*I'll hold USO (long Oil) overnight, seeking an exit in the 33.50/60s.
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back after the close
Thursday, 21 March 2013
3pm update - closing hour recovery?
A rough day for the bulls, but its very possible we've put in a floor @ 1543. VIX is starting to cool down, a close <13.25 would be particularly bullish for the main indexes tomorrow. Precious metals looking strong, Oil is battling back higher.
sp'60min
VIX'60min
Summary
Bulls should be seeking a close above the hourly 10MA @ 1553. Anything over that will set up a break of the 1563 high tomorrow.
*I'll hold USO (long Oil) overnight, seeking an exit in the 33.50/60s.
-
back after the close
sp'60min
VIX'60min
Summary
Bulls should be seeking a close above the hourly 10MA @ 1553. Anything over that will set up a break of the 1563 high tomorrow.
*I'll hold USO (long Oil) overnight, seeking an exit in the 33.50/60s.
-
back after the close