Just grabbed this small chart with about four and a half hours to go to U.S. open. It looks like there will be some settling up ahead of the long weekend. See how it looks by close. I don't like to be short in low liquidity. Anything can happen here. Best to wait for confirmation of entry no matter how tempting it looks. Oil back under 40 bucks. Its all about oil! Also VIX daily futures up off little double bottom.
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Thursday, March 24, 2016
SPX weekly should confirm rejection
Just grabbed this small chart with about four and a half hours to go to U.S. open. It looks like there will be some settling up ahead of the long weekend. See how it looks by close. I don't like to be short in low liquidity. Anything can happen here. Best to wait for confirmation of entry no matter how tempting it looks. Oil back under 40 bucks. Its all about oil! Also VIX daily futures up off little double bottom.
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