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After trading in a channel for the last three months the CVOE Volatility Index (VIX) looks poised to move down back towards 20.
If the Dow closes below 9,465 it will be ominous for equity markets worldwide and an immediate downside target of 8,600 can be set.
With unemployment numbers expected to be decreasing month over month we are still one step closer to a 10% unemployment rate.
Extreme bearish sentiment and technical analysis suggests a multi-year low may be in for the US Dollar.
Is this rally coming to an end? Fibonacci retacement levels suggests the road moving forward may be tough.