sp'60min
VIX'60min
Summary
*the obvious price gap on the VIX continues to offer the bears some hope for a further wave lower.. but really, we're only talking about a 1% equity decline... at best.
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Interesting day ahead... especially if we can break back under 1990.
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*notable weakness: SDRL, -3.0%... which makes for one ugly weekly decline of -8%
10.04am.. Well.. .we're on the slide, 1988, with VIX 13.75...
big opportunity for the bears today...
I'll look to go long around 1972/70.... with VIX 15s..... if we get there.
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10.18am... failure in the VIX... red candle for this hour... with 1992.
..and THAT is why I can't be short this market... very frustrating.
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Where is a 'spooky' news story on the wires when I want one?
10.28am... VIX showing bear failure...
Disappointing. I suppose it could still push higher into the close, but there isn't a likely catalyst to help.