sp'60min
VIX'60min
Summary
*VIX opex was at today's open, and the black candle does not bode well for those equity bears seeking a break <1826.
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Equity bulls merely need to hold the recent micro high of sp'1826, and that looks a pretty secure level right now.
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Q. Will the Fed minutes be the excuse the market wants to break 1850..or will we need to wait another day?
In the bigger picture...the above really doesn't matter, does it?
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If the recent 1826/1809 wave a small sub'2... then in theory we should at least battle straight up to the 1890/1910 zone.
10.15am... sp'1844... well, I guess its probably the 'straight up' then... yes?
Standing by for a mighty truck load of short-stops to get hit in the 1848/52 zone.