sp'60min
VIX'60min
Summary
*re: VIX. We're already seeing the 15s... its hard to say what is going on in that right now... a capitulation low four hours ahead of the Fed press release would be a little unusual.
TVIX -1.3% @ $6.10.. Hmm....
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Well, as is almost always the case, the morning before the afternoon announcement is generally minor churn.. and that is what we're already seeing.
The hourly MACD cycle is offering another push higher.... but cyclically, there will be very high threat of a key reversal.. whether late today... or tomorrow.
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notable weakness...
DB, daily
Big bear flag from the Feb' low? Despite the broader market rally, DB never got close the 200dma... and is clearly the biggest system threat to the EU. Cyclically, it is indeed already well in the process of rolling back lower.
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stay tuned... long day ahead