lots of lower lows and lower highs throughout the market. VIX breaking out but appearing elusive.
Seeing a lot of lower supports being tested/broken around the market. Lower lows and lower highs all over. It's really difficult to determine where the market could be heading, but I think this chart is a good indicator on what we can see going forward.
SP falling off the map soon. too many negative catalysts out there including: USDJPY lows possible Brexit VIX megaphone breakout
The following are catalysts to drive increased volatility to support my potential case of a right shoulder before breaking down back to 1800's. VIX megaphone breakout Fed FOMC meeting today 06 / 15 / 206 Potential Brexit on 6/23 - 6/24 World Market Selloff (Especially the nasty bear wedge break in Deutsche Bank and new NIK225 lows) Bitcoin Ramp US news of...