US equities have seen a significant cooling wave. VIX has swung from the 19s to 23s.
sp’60min
VIX’60min
Summary
*I see news… the November BLS jobs data (due Nov’7th) is to be released Dec’16th, the day before the last FOMC announcement.
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… much like yesterday… early gains, but the sellers have appeared.
Not pretty.
An OPEX pin 6650/6700 appears probable.
Anything <6690 would be decisive, and give some confidence for a red December.
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notable stock: NVDA
A powerful cooling wave. Set for a black daily candle… or outright red.
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notable tech: GOOGL
New hist’ high… if also cooling back.
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notable car: F
I see news that the aluminium plant that supplies Ford, has caught fire again.
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notable silver ETF: SLV, 60min
As ever… any main market cooling, will typically drag silver down.
If you believe SPX 6200/100s, you can NOT be bullish silver… or the related miners.
As night falls… its time for tea.