FB, daily
TWTR, daily
Summary
Clearly, there are still a lot of momo bulls who need to get rattled out of their positions.
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As for the main market...next support is the 1780/70 zone. If we do level out there..it offers a H/S formation..so long as we don't bounce much above 1815/25.
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VIX is trying to turn positive..but as many recognise..there is strong resistance at the 200 MA on the weekly cycle - in the 19s.
11.18am..first sign of a turn...bears highly vulnerable to a sig' bounce..as high as 1810/15..but that would no doubt take at least 2-3 days to achieve.