sp'daily5
VIX'daily3
Summary
*price structure on the smaller 60/15min equity cycles remains a bull flag.. but that is perhaps stretching it. From a pure cyclical perspective... the threat remains to the upside.
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What should be clear.. this market remains very vulnerable to sporadic Greek headlines... and along with many others, I'm starting to get real tired of it. The Greeks have a great deal to answer for.
Those on the long side had better hope China has a net daily gain tonight...any sig' renewed weakness would be a real problem.. as the 3K threshold would be next natural downside.. and that is a full 20% lower.
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notable weakness, INTC -2.0%... having lost the key $29 threshold.
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yours... burning out.