The NQ will have the wider swings into Year-End
as the Range has expanded from 150616 to 16302.
The VIX may range into Year-End permitting the ES
to build out the Symmetry.
The NYSE Remains collared at the Lower end of the
Range.
VX has been compressing into Year-End.
Wednesday will confirm as 96% of m1 is loaded
on the CM-30 VXX.
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Implied Targets for VXX 35.16 to 45.36 on reversal.
This implies a large and very extended decline.
Donside Momentum is building, how long can they
keep this collared... we' will see.
I maintain we will test the Dialy 377 SMAs for the ES NQ YM RTY.
It will be a 5/5 decline or should be... the Algos have been very good
at breaking Candles, FIBs, and Symmetry - Far too many False moves.
There are a very Large Number of Sellers overhead for the Equity
Complex.
VX should be relieved of the foot on its throat into the new year.