The week has begun with some mixed chop. There looks to be high probability of a lower low.. somewhere to the sp'1910/00 zone for Tue/Wed.. before a more substantial bounce will begin.
sp'15min
Summary
A bit of a messy start to the week, and no doubt a fair few are confused.
Until we break <1900, the bull maniacs still have a chance at yet another wave higher - although my bigger target of the 2100s is now completely on hold until next year.
Despite the weak index chop.. the VIX is cooling, -3% in the mid 16s.
--
VIX update from Mr T.
--
time for lunch