intra day symmetry was broke on the bounce, however the next
symmetry to monitor is yesterday's rally off the lows at 15.3
points, bulls would want to see that broken, clearly this bounce is
not close to that yet, but should the rally continue this
afternoon, that's something to watch for, needs a rally larger than
15.5 points off the intra day lows,
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Vix - did not make
Posted by frtaylor on 2nd of Nov 2016 at 02:35 pm
Vix - did not make a new low while the SPX did. Good indicator of a bottom.
intra day symmetry was broke
Posted by matt on 2nd of Nov 2016 at 02:39 pm
intra day symmetry was broke on the bounce, however the next symmetry to monitor is yesterday's rally off the lows at 15.3 points, bulls would want to see that broken, clearly this bounce is not close to that yet, but should the rally continue this afternoon, that's something to watch for, needs a rally larger than 15.5 points off the intra day lows,