Monday, August 20, 2012

VIX do or die

VIX Daily
The VIX looks ready to either move up or break down into a new range. So far it continues to cling to 14, so I'm betting it makes a push towards 20 if we get a pullback in equities.

10Year futures support

10Yr Treasury Futures Daily
10Yr futures bulls are trying to hold the 132'050 support level (about 1.835% yield). You can see the potential for heavy supply above starting at 132'305... so I'll be keeping an eye on that level if the bulls bounce it up there.

Gold Futures 15min
Gold is back above 1620 and looks pretty comfy, although there was a big volume push from 1620-1624. The bulls really need to hold that level this time otherwise it could just roll right back over to 1600 (again). Euro futures are looking like the bulls are stepping in around 1.2300... although they have been struggling at 1.2400 recently.

Monday morning


Another Monday morning.
Trade safe out there, ya hear ?