12pm update - sliding to 1980... or 1950

US equities continue to slide, with the next support level at sp'1980 (38% fib retrace).. or the ultimate core of 1950 - where the 200dma is lurking. VIX remains extremely twitchy, with a brief spike 24.83.... almost fully filling the secondary gap zone of 22/25.


sp'daily3

vix'daily3

Summary

Interesting day huh?

So.. which will it be.... 1980.. or 1950.

Frankly, I did not think 1950s viably at all, but the door IS open...

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VIX update from Mr T.


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time for tea