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[tommyt]

this 1840ish area is now a biggie for ST support. A neckline of sorts, the 50d ma just under, and the Keltner midband. I did cover some ES shorts today under 1840, but keeping my stance of selling rallies, with the current daily/weekly backdrop. Whats is weird is that the VIX is only 15 with what we had this week. It feels like its 18-22 the way we move around during the day. Could it be that players are not bearish (buying puts) cause of EOQ?

SPX