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no idea up or down from here. the feeling is a rebound then down, just a wild-est-est-est guess.
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SPX opepning at 2155.. near lower channel on the 5m.. mind the morning gap.. and overlapping gap cluster just above. 20d 2160 to the upside, 20w 2128 to the downside.
SPX first support.. see if it sticks… daily/60m.. just a little lower still… 20w just 20 points lower at 2128.83… should things get ugly..
VIX into resistance.
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testing range low as expected. let's see if buyers come in.
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nice work bears...lines for a bounce for bulls (red approaching), no bigger worries for longer term ( > 2 weeks ha) bulls until green line busts and flirts with 200....
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