sp'60min
Summary
*I went short the market from sp'1948 in the 2pm hour, am holding overnight.
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So... we broke another new low today, and this was somewhat confirmed by a higher high in the VIX.
With the R2K failing to hold the critical 1080s, the bears have achieved another set of victories today.
Outlook is bearish.. and I see no reason why we won't hit the lower weekly bollinger, which right now is around sp'1904.
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more later... on the VIX