Midday Missive

Markets are following the same script on a daily basis with selling
of Equities into London’s close.

DAX…9386 is weekly support.

Nikkei & Midcap…are working on ORL weeks.
15,390 is the Nikkei #
132370 is the Midcap #

GOOG…had a minor pressure release to the 18 day @ 1132

CAT…85.40 is the 200 day mvg avg and support. Getting to this level, Cat will be very oversold and due for a bounce.

VIX...has come too far @ 16.89 right into weekly resistance with a potential Monthly double top.

The last time we were up here was the break in Equities 12/16/14 on the Fed meeting taper announcement.

I’m tempted to buy EWW but I just don’t have the stomach for it today.

The Bond Futures are not running higher.

By days end it will likely be evident that I wet my pants and am in need of a Costco run for a set of double bagged depends.

The afternoon trade can be a total opposite from the A.M.

Time Frame Trading the rest of the day.

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