Monday, July 13, 2009


Ok, optimally I have it kissing off the 50% retrace and heading south immediately...Basically a kiss of death off the 200ma on the 30 minute. But realistically it could easily make a run for the 61.8% (90.84) retrace at this point.
Now the VIX:SPX really broke down much further than expected in one day. As it has more room to run to the lower BB, I expect there is room for the market to run up. I had 3 orders execute while I was out to lunch today, that I really did not expect to get filled till later in the week.