sp'15min
sp'60min
Summary
*awaiting earnings from TWTR and AXP
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So.. a day of relatively minor chop, with some rats selling into the close... King O's appearance sure didn't help with his comments on Russia/Ukraine.
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As for tomorrow...
From a pure technical perspective, the 5/15/60min cycles are not particularly setup well for the bears tomorrow.
We could open in the low 1960s...but I'd expect that to hold. There are many aspects of support in the 1965/55 zone...
4.09pm....
TWTR bears getting obliterated...
Set for the $50 level
4.13pm.. TWTR +26%.... and ALL TWTR bears...utterly destroyed.
4.21pm.. A horror show for anyone short TWTR stock, now +29% in the $49s.
4.32pm.. TWTR +32% @ $50.... even a little earlier than I thought.
4.40pm... TWTR +36% @ $51s...
next upside zone is 58/60... might take until late Aug/Sept... regardless.. that is one hell of a gain today.
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more later.. on the VIX