US equities are set for very significant declines. VIX is due to settle around the key 20 threshold.
sp’60min
VIX’60min
Summary
New intraday low… .not pretty.
… as we’re not going to get any daily reversal candles.
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notable stock: NFLX
Netflix has earnings in AH, which should be fine.
The stock is m/t bearish.
If the April $82s don’t hold, next support is $70
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notable stock: UAL
United Airlines has earnings in AH, which should be good.
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notable strength: INTC
There are buyers out there… ahead of earnings, due Thurs’ AH
Next resistance $58s
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notable health: UNH
Solid gains for the Dow component of UnitedHealth.
Earnings due next Tues’ Jan’27th.
back at the close…