Monday 15 September 2014

10am update - morning weakness

US equities are well on the way to the low sp'1970s, where there are multiple aspects of support. VIX is +6% in the low 14s. The 15s are viable today, and would make for a very natural cyclical top.


sp'60min


vix'60min


Summary

...so... we're on the way.
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10.34am... ohh great...its already bounce time.

Tiresome. .... and for anyone short.. this is just another waste of time.