sp'daily5
VIX'daily3
Summary
A new month begins on a moderately positive note... but all things considered, it would be bizarre if we don't see a retrace across the next few weeks.
notable weakness, miners... GDX -1.0%.... rest of the year could be pretty rough for the miners/metals... not least if the Fed finally raise rates at the Dec' FOMC.
-
Opening reversal in NFLX
Its got stuck at the gap zone.... looks vulnerable to 95/90... within 2-3 weeks. A test of the 200dma remains very viable.. before upside into end year. Nov' chatter on 'Jessica Jones'.. amongst other shows will no doubt help.
--
stay tuned