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euterpe1

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euterpe1

Re: Footquarters post# 10647

Friday, 08/08/2014 12:10:22 PM

Friday, August 08, 2014 12:10:22 PM

Post# of 41142
Looks like it's a Russia/Ukraine and Muslim radicals news driven market. The markets were overbought on the weekly charts. Now we are sitting on the uptrend line on the daily $SPX. Currently the daily and weekly $vix are overbought. IF this is the big one, we should get a rally here up to or around the mid BB at around 1950 before resuming lower.
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