IT LOOK LIKE RISK IS GOING TO COME OFF

LET THE EXCITEMENT BEGIN

Earlier this month I wrote that VIX was pointing to the onset of excitement but nothing has happened until now. Check out the chart of the VIX and S&P500 which shows that they are both being squeezed into their respective corners ...it looks like today there is going to be an attempt to break out. It looks like VIX should go up and and equities down. So risk could come off with a bang...just watch the levels...if the S&P500 takes out 2097 expect the onset of fear but in the unlikely event of it rising through 2112 we could see "investors" piling in.