sp'60min
Summary
*Alcoa (AA), earnings due.
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tiring day...
suffice to say...I'm holding to the notion that this is just a bounce.
We have seen a clear 'reversal on good jobs news' last Friday morning, and the price action across Friday-Tuesday morning was some of the most consistent weakness we've seen since late January.
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Best guess.. .bounce concludes tomorrow..sometime between 11am - 2pm, in the 1865/75 zone.
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more later..on the VIX