Wednesday, August 3, 2011

S&P 500 Intraday Bias, 10:00 AM

Neutral

The market closed below the bull market trendline. I anticipate a VIX reading in the 30 area will coincide with a low.

Treasuries are behaving like an early breakout that will continue. See TLT.
at 9:59 AM Labels:

2 comments:

  1. AnonymousAugust 3, 2011 at 11:35 AM

    next dip should be imo

    Best
    Anon :)

    ReplyDelete
  2. AnonymousAugust 3, 2011 at 12:26 PM

    edit: but yeah Vix values above 26 should be more convincing

    ReplyDelete

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