Monday, August 8, 2011

SP 500 and NDX Futures Daily Charts - VIX - Deeply Oversold at Must Hold Support



In the gold silver commentary tonight I will explain what happened today and why the markets reacted as they did. I thought the message was loud and clear.

US equity levels are down to the 'rally or die' level, and are completely and utterly oversold short term from a purely technical standpoint. However, this is the point where confidence could break, and stocks could move sharply lower if

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