sp'daily5
Summary
We have a very interesting day ahead.
There remains threat of a reversal, not least since we're now close to the upper bollinger on the daily cycle.
Best case for the bears... a 2-3 day down cycle of 1.5/2.0%... to sp'1960/50s..with VIX 15s.
Worse case... continued melt into the 2000s... 2010/20 by end month.
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End week doom chatter from Hunter
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Good wishes for Friday trading!
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9.37am... ohh the humanity, sp -0.2%....the drama!
Airlines are fine though, UAL +1.4%
9.45am.. VIX +4%..but really... that is minor... so far this month, VIX is -26%