The VIX continues to support the Equity Compex Indices moving in
a Vertical Price Extensions.
VIX support, for now, remains @ 17.95.
The ES Price Objective is the 4583.
The price traded to an FR of the 4580.75 Level.
A Gap Fill would require 4558.00.
It is at this Price Level for the VIX, we can anticipate the larger
potential for a Micro Reversal.
18.75 remains the Upper Limit for the VIX presently.
Indicators ST is over-extending - Particularly the Hourly TF.
a Vertical Price Extensions.
VIX support, for now, remains @ 17.95.
The ES Price Objective is the 4583.
The price traded to an FR of the 4580.75 Level.
A Gap Fill would require 4558.00.
It is at this Price Level for the VIX, we can anticipate the larger
potential for a Micro Reversal.
18.75 remains the Upper Limit for the VIX presently.
Indicators ST is over-extending - Particularly the Hourly TF.
Comment:
The Potential for a loss in Momentum is increasing.