The hourly index and volatility charts are pretty clear, we should generally be cycling lower across much of Wednesday, if not all the way into the Friday close. A VIX close in the low 14s would be.. a start. Bears should be aiming for a break into the sp'1550s by early Thursday.
sp'60min
vix'60min
Summary
Its the closing hour, lets see how those twitter reading algo-bots end the day.
More than anything, I want to see VIX in the 14s, that will open up the upper 15s for early Thursday.
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*I hold heavy short overnight.
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