12pm update - there is clarity now

With the drop to sp'1912, along with VIX 22s, there is some very significant clarity in the bigger picture. With the bigger weekly/monthly cycles warning of trouble... the bears can start looking forward to the rest of the year.


sp'daily5

Summary

So... some mixed chop right now, but its not important...

The damage has been done to the giant wave from Oct'2011... key bearish signs/signals are going off all the place.. multiple indexes, VIX... etc etc.

After some real twist and turns across the week... there is now clarity about where we are broadly headed.

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VIX update from Mr P.


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time to see what the cheerleaders on clown finance TV are saying. I will say, they have been pretty entertaining this week, as they continue with their 'buy mantra'.