sp'60min
VIX'60min
Summary
*opening reversal candle on the VIX... so.. for those who are bearish...I can kinda understand if you're getting excited right now
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Well, its another day where the minor waves are at least keeping everyone awake.
Typically..we'll turn around 11am... so...lets see....
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Notable strength: TWTR +21%, but only in the $46s.... a long way below the AH high in the $51s.
11.05am.. need 1970 to clarify a turn... until then.. threat of 1962/60....
Regardless.. none of it changes the bigger outlook.
11.10am... where is my spike floor?
*metals remain weak ahead of the next QE taper... Gold -$7.
11.17am.. provisional spike floor of 1963...still need 1970s... to clarify a turn.
11.23am.. almost clarified a turn.....
Bears had a bonus opportunity to exit after the GDP data.... there can be no excuses later this week.
11.40am.. still no clear turn...quite yet... sp'1967... need the 1970s.