Hehe, no kidding. We have a grand opportunity here to put in a top on the rally since March 2009.
Today the tape toyed cruelly with the channel line I drew last night, but we managed not to violate 1440 just yet. [iii] is about 2.618x the 13pt [i] I have labelled:
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| 1440? Higher? |
Larger view, with a few targets fixed, with 3PDH tags:
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| Fall from grace |
The weekly Bollinger is starting to turn up and away from us -- can we pin it next week?
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| SPX weekly wit Bollingers |
UVXY headed into the 20s if we roach again on the VIX:
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| VIX daily |
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