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Tuesday, February 23, 2016
Is that it for the rally?
It seems that the rally has run it's race for now at least. SPX daily has found resistance. Mostly I am just looking for a clear direction. There was a small move out of safety assets but the risk appetite seems to be very weak. See how it goes over the next few days.
SPX daily
SPX daily
$VIX hourly has crossed up
$JNK above 15 day MA but looking for cross back down
Oil daily rejected off the kumo top resistance.
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