US equity indexes have seen a clear reversal, with most indexes already turning fractionally red. VIX is confirming the move, swinging from 13.95 to the 14.90s. As things are, things really only get interesting on a break of last Friday's low of sp'2039 - with VIX >17.
*I'm trying to not get lost in the minor noise this hour... so daily/monthly charts!
A clear reversal.. as initially seen in the precious metals/miners.
Now its a case of whether a daily close in the 2050s... or the 40s.
There are a truckload of interesting movers so far today...
I'll highlight the bigger monthly cycles.. as they are what really interest me....