Tomorrow is the moment of truth, we will discover whether this is really ABC up for minute [ii] or whether a sharp downtrend will emerge that will show us that we are in minuette(ii) of minute [iii]. A head and shoulder formation has formed that could supported the latter.
VIX looks like its gravitating back to the 20ma.
Nice separation of the 20ma and 50ma.It looks like we should know tomorrow if we are really in minute [iii] down or minute[ii] up.
