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| The VIX opened and closed above the upper Bollinger Band. Stochastics (%k) at 83.11 hint to a short term reversal of the VIX. |
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| The 118 CD Cycle suggests a 1-2 day countertrend. |
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| The 3 Day MA of the Put/Call Ratio at 0.79 still offers some room to the downside for the SPX. |