Market Update May 9th: Panic to Grip Market's Above $VIX 16.50
Seeing a little relief rally this morning - after yesterday's pull-out, of the Iran deal.
Not sure why we had to wait a day for it, but I suspect this rally will be short lived.
One sector I didn't have time to cover in yesterday's vlog, is the $RUT, which is breaking out to a new (lower) high this morning. That means the trend remains down. Catch the next YouTube update...
$VIX targets revealed in yesterday's - cued - update.
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