Stops 15 points. Support at 50DMA, holding for now, should see a bounce up to 1683.
Expecting a strong week next week, full or part retracement of downmove.
Good weekend folks.
Long
Started by
fluid
, Aug 16 2013 08:54 AM
3 replies to this topic
#2
fluid
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Posted 16 August 2013 - 08:57 AM
VIX is collapsing here.............
#3
ogm
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Posted 16 August 2013 - 09:02 AM
VIX is collapsing here.............
Could be just Opex related, as a lot of in the money puts getting sold.
#4
fluid
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Posted 16 August 2013 - 09:27 AM
I am expecting the 50DMA to provide some support here. The move yesterday could have also been OPEX related, but I am not going to get married to a position that's for sure.
