sp'weekly7b
vix'weekly
Summary
Great stuff huh? lol
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Further downside of 50pts, seems likely within days.
2.07pm... it is increasingly amusing seeing the cheer leaders on clown finance TV get rattled at the ongoing declines.
VIX getting close to taking out last years high...that'll be a major achievement..its coming.
2.33pm...minor index chop...whilst the VIX is holding the 20s...for the first time since Oct'2013.
Bears have nothing to fear now...well..except QE tomorrow/Wed', but any such bounces are to be shorted.
*bond yields remain an issue...a move to 10yr' 2.50/40 seems an easy target later this week.
Notable weakness: UAL, STX, both lower by around -4%.