sp'60min
vix'60min
Summary
Well, futures have been largely positive all night, but they are off the highs.
The hourly charts are pretty clear, we've due a new index down cycle, the only issue is how low. If it doesn't take out 1536 within 3-5 days, then bears have a real problem.
Considering the weekly charts though, I'm holding to the original outlook. We'll see find out if I'm right..or not.
Good wishes for Wednesday !
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*I remain short, and looking to hold until late Friday afternoon, with an exit in the 1550/40s.
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*Durable Goods orders: -5.7% vs -2.8 exp. ...market not pleased!
Ohh, I just noticed..AAPL - $11 @ 394.... after Tuesday AH high in the 420s.