sp'60min
VIX'60min
Summary
*with the break below 1675 support, I am resigned to much lower levels, and am now on the short side..will hold into late Friday.
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Regardless of how we close.. the bears showed their first decent downside power since June. With the VIX in the upper 18s, I have to think market is in dire trouble.
Lets see if we see some renewed selling into the close!
*clown finance TV..with coverage of some incident. I guess not everyone likes Obamacare.
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3.15pm..market stuck around 1680. Certainly, we look set to close below yesterday, and with the break <1675, the damage has been done.
Friday should, be a day for the bears to make a stronger push downward.
3.30pm.. Bears should be seeking a daily close under the 50 day MA of 1679 !
30mins to go...still looking for late day micro wave lower
3.51pm.. sp'1680.....well, I'm short the indexes (from an hour ago)..and will hold overnight...
back at the close!