One worry is we are close to crossing the 50dma on the Vix make your own assessment on this chart. Also watch the Dax to see if 6100 falls easy.(no chart)
Thursday, August 12, 2010
Thursday-Friday
No chance of the low today( Thursday) since Wednesday was to big a drop. Look for the low Friday and it depends on how close we get to 1075/1066 on Thursday.
One worry is we are close to crossing the 50dma on the Vix make your own assessment on this chart. Also watch the Dax to see if 6100 falls easy.(no chart)
One worry is we are close to crossing the 50dma on the Vix make your own assessment on this chart. Also watch the Dax to see if 6100 falls easy.(no chart)
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