R2K, daily
VIX'daily3
Summary
*I exited an index-long at 1941... I won't complain if we keep clawing..to the 1950/60s.
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Not much to add right now. We're seeing some significant follow through from last Friday. VIX is certainly confirming the move...and with the Trans/R2K both significantly higher, there is little reason to believe sp'1904 will be broken for some weeks..maybe not until late October.
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VIX update from Mr T.
Indeed, few want to go long the VIX today. Its very possible we'll be back in the 11/10s, certainly if sp'1970s.
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time for tea.
12.23pm marginal break of short term up trend... still viable 1920s late today/early Tuesday.. before resuming higher.
I'll be a buyer if <sp'1930.