NYSE, daily
Summary
*In addition to the weird VIX action early this morning, I just noticed another kooky spike - or whatever you want to call it, this time on the NYSE comp.
For those that read my weekend reports (you get a prize if you read every word)...the NYSE just printed a spike print in the low 11000s, which is my upside target for the late spring - along with sp'1950/2050.
Are the algo-bots trying to tell us something?
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Meanwhile...RIG is trying to make a break for it.
Yours truly..has already been gods damn patient with that one. I remain seeking an exit in the 52/54 zone.
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Notable weakness in the coal miners, with some of them breaking key support.
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2.14pm.. Ford in trouble...bear flag...
headed for the low 14s..
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2.20pm.. Anyone getting overly excited about the little down wave? Market should hold around 1833/32..old resistance..now support.
Regardless, bears had their chance for 1820/18 yesterday/early today..and couldn't even manage that.