sp'60min
vix'60min
Summary
*EXITED AAPL-short from $108.20 just earlier... so.. that is one position dropped ahead of the weekend. 4 to go.
--
So... today is set to see some chop.. but more importantly... an hourly down cycle is setting up for tomorrow.
Very hard to say whether we'll be trading under sp'1900... but a down cycle IS due before the weekend.
Those currently still short (myself included).. should get opportunity to exit at better levels before the Friday close.
--
notable weakness... AAPL -1.9%
The daily chart shows little sign of underlying strength... but I'm more than content to be out of that one.