SP-500 and Vix

SP-500

• All signs pointing to Bearish, However one last run to 1370 or 1500
•  CAN HAPPEN STILL.
• MACD = Bearish
• Broke mid-line = Bearish
• Just Broke 50 DMA = Bearish
• Break above 1320 would start to be Bullish
• Break above 50 DMA would give the Bulls a line in the sand
• Quick Note - Lot of Bearish news out this weekend - a bounce should follow soon to as high as the 1370 range

VIX

• Vix hitting top of Bull Fork = Bearish short term
• Break below 19 would start to be Bearish

EUR = Bearish UUP = Bullish

UUP

• UUP looking bullish
• Break below 22 would be bearish
• 50 DMA is major support

EUR

• Euro is stuck in bearish fork
• Break above 1.30 would be bullish
• Break below 1.24 could send us back to 1.20 range