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imiloa

02/23/16 9:50 AM

#186513 RE: risk on #186508

you're so fickle. ;-)

the fact that SPY isn't tanking out of the gate on yuan deval is the primary driver of my upward thought today.

also, oil is dropping, but SPY isn't following it down.
which seems telling.

and based on oil daily chart, i do expect oil to rally again once it shakes off the morning malaise.

we should have a better sense of the landscape by 11am.

Scripo

02/23/16 10:08 AM

#186520 RE: risk on #186508

Double b appears to have failed on 2 min could see a move to 193.10 area