This morning’s economic news came in pretty much on target: not too hot, not too cold.

continued for members…

The big question on the charts remains to what extent TPTB will allow the current IH&S to complete – let alone the larger one that targets new all-time highs. I think they won’t.

I have several appointments this morning, so will post now and explain later. Note the big bump in EURUSD to go with VIX’s breakdown.