sp'daily5
VIX'daily3
Summary
*VIX is set to close lower for the eighth consecutive day.... having flash-printed to 16.34.
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So.. we broke to the upside.. as seemed probable.. and we're now set for a straight run to the 2040/60 zone.
I can't emphasise enough the importance of the monthly 10MA. I realise others have different thresholds.. but for me.. that is the grander 'line in the sand'.
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notable strength: NFLX +5% in the $113s.. as Jessica Jones is on her way.
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... ohh, and we have Alcoa earnings at today's close.
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3.14pm... WTIC Oil has provisionally broken the $50 threshold.. to 50.07.... next target is the 55/57 zone... which is a clear 10% higher.
.. and that is viable within days as there will no doubt be a LOT of bullish chasers and bears who will need to cover at any price.
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NFLX still building powerful gains, +5.7% in the $114s.