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RT'ers,
With everyone eyeing the SP500 , you might find these charts
interesting. :)
The FEAR v2.0 levels have condensed to two points, indicating that if
yesterday's lows are held, the market will trade higher.
If the SP500 closes below The current FEAR level, it is clear sailing
to 940.
By condensing to only a few levels, FEAR also tells us that the market
has the greatest chance of breaking through to new lows, and a
possible change in trend.
Regardless of direction, my analysis indicates that market moves
from these points tend to be massive.
Walt Downs
CIS Trading
http://www.cistrader.com
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