Kudos to MMs

...and again

that makes 5 in a row

 

"FV" ~872
"NFV" ~1062

 

The moment of truth has arrived, short term. Imo, you have to buy 1072 SPX. If we lose that cleanly, probably the next stop is 1050 SPX. But there is a very strong chance of a 1072 very strong support.

"NFV" is at ~1059. Convergence has nearly occurred, +/- noise.

 

"FV" ~875
"NFV" ~1068

 

"FV" ~873
"NFV" ~1064

 

VIX creeping into value territory. That doesn't mean it is cheap, yet.

 

1082 is minor support now that it has been trampled over. The one to watch is 1072.

 

Nasdaq futures helping overall market stay green. It may end up being one of those days where NQ is +6 and ES -2.

I can tell you one thing. Spooz have made it clear. Good news is bad news, and bad news is at best neutral. Outside of liquidity moves, being long here short term is extremely dangerous, imo.

 

"FV" ~876
"NFV" ~1071

 

Support 1082, but it is nowhere near as important as it was even a week ago.