VIX - OCT / VIX & VXNFrankly this is all we need to watch, the VIX
has consistently been Bid into Settlement only
to fall back to LT Support.
Will we retest the Highs or come up short and continue
the Institutional SELLs.
ES - 4451.50 is the Support Level for ES / 3493 - 3498 - 3509 - 3512 - 3521
YM - 34527 Pivot / 34994 Objective
NQ - 15388 Pivot for higher and Micro Support
We are SOH until 10 AM EST and watching how Macro Data impacts Price levels.
It will be all quiet until the FED next Wednesday.
The buyers strike was filled on the Squeeze, is there Fuel left?
We shall see.
DX - DX/JPY - Yields indicate Risk Off remain in trade.
Flip a Coin, it will depend on BR / VG / FED and Inst's sitting on Hands for higher
levels.
*** Our bias remains R I S K OFF at levels for reversals.