WEDNESDAY 03/08

[theMist]

VXX chart

Where VXX spiked -- does line up with descending resistance off of prior spikes.  Also, eod spike lines up with 38.2% fib retracement off this move lower.

And that shooting star candle on VXX 15 min is completely outside its upper BB -- just needs confirmation with red candle tomorrow.


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[walnut]

Excellent chart, fairly safe bet

[theMist]

S&P futures

Also, has lot of support in this area and should extend RS more

maybe it gets move tomorrow down to that large rising support where I have arrow indicated or just consolidates sideways more before making move.  Also, lines up with S&P cash charts I posted.

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