Looks like we have a breakdown in the market as the SPX goes below the 20 day MA for the first time since March 11th. This breaks a key resistance level but the market is not closed yet. A close below 885 and a confirmation on Friday would signal that it is safe to short again.
VIX is closing in on the 20 day MA also for the first time since mid-March. Fundamentals are overtaking hope.
VIX is closing in on the 20 day MA also for the first time since mid-March. Fundamentals are overtaking hope.
Nice thread
ReplyDeleteYou came up on my WIKI wire w/ this one....big time!! hehee
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