With Range Breaks, Ranges expand.
The new Draw for VX - 36.15 to 16.15.
Simply Observe the VIX for ES Retracements.
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Friday's are dangerous affairs for Retreracements.
After wiping gout the PUT LAdder Wednesday, the
Operators cleared the Decks for a larger THrust Lower.
Price can fill 1/2 Gap and the .382 Gap.NQ is tumbling
as it has yet to take out the prior Lows.
All Indicies Correlate to VIX SUPPORT.
VXN and Vix Cash/Spot Index as Contango remains in the
Curve.
Since all Price Objectives were broken for ES YM NQ RTY...
Lower Boundaries open wide.
A continuation of the Trends in the Indicies, the DX will need
to continue a Spike over 97.
Very Large Ranges with lots of Swings Intra-Day.
Chasing a very BAd idea on Fridays....