I MISSED THE LAST LEG, SO WHAT NOW...Cash on Standby!Intraday uptrend is very strong but we are currently sitting in a neutral position to possibly have a pullback here. Also took a position in 20 YR bonds as it looks like we may have hit a bottom and more investors could be locking in to a more safe asset and minimizing their "Risk On" positions.
Es1
$384 Support has been broken, This could get Ugly and Fast.The VIX (Fear Gauge) is picking up momentum to the upside and that is never good for the S & P 500. Intraday charts are almost done consolidating and have even begun breaking down. Seriously, we lose $380, then $374 is next, we lose $374 then its a free fall and fast down to $360. Trade Safe!