sp'60min
Summary
Clearly, no turn yet...
From how I see it though... equity bears have been given a bonus opportunity to close out.. ahead of the FOMC announcement.. and more importantly.. the Friday jobs data.
There can be no excuses (from the bears) for any whining later this week.. and across August.
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VIX update from Mr T.
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time for lunch
12.13pm.. another attempt at a spike floor from 1962....which is certainly the last 'reasonable' level I'm comfortable with.
Bulls should be pressing for the 1970/75 zone for the close...anything above that.. a bonus.
12.30pm... a good lunch... and Mr Market is attempting to level out in the 1962/60 zone.
12.38pm.. here we go... 15min cycle.... 10MA.. broken... VIX cooling...