sp'60min
VIX'60min
Summary
Most notable... the VIX, still utterly stuck in the low teens. For the moment, the market has ZERO concern about anything. Even if sp'2039 is broken under, VIX 16s, if 2000/1990 - VIX 19/21 zone.. 'briefly', before yet another bounce.
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Big movers....
DIS, daily
Clear break of trend. Price structure.. double top.. arguably a H/S formation... if so, downside target is (122, 86... -36...: $50, and yes, I fully recognise $50 is utter crazy talk right now.
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M, daily
Lousy outlook... as 'old retail' continues to decline in the western world. Next key support is the 22/20 zone, back to the lows from late 2011.
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stay tuned!