Tuesday, November 15, 2011

Evening Thread

Afternoon Thread

Turnaround Tuesday - Well .... maybe it will happen before the close.





The VXX 30 minute chart does not look good for longs.


Morning Thread



The market is plumbing for support.  The table above provides daily support levels and fibonacci numbers.  Of course there are no guarantees that any of the indicated levels will provide support but these are areas that technical traders will watch for a change in character.