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Saying last night was because of 50 cent and their very large vix positions forcing dealers to cover into expiration. CTA's magic number ES 2918. Lists level from which they will reverse on Russel (currently 100% short). Talks about September risks with the start of the buyback black out date. Major risk in September if Central Banks don't cooperate.
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How about a triple top with Tuesday last week? FOMC minutes break it out? Doubt it. Super Dove speech Friday AM? How could he and still stand tall after this mornings tweet storm.
if bulls can touch the blue line above then breakout would be more likely.
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