VIX appeared to have decent rejection from 2HP / Q3P along with D200MA yesterday but so far this morning the reversal has been reversed and it is back at critical levels. Zone to watch here is D200MA 11.96, 2HP / Q3P combo 12.28, then last chance high AugR1 12.59. After that things get real.
Although media will be talking about Korea all day let's not forget IWM leading down from 7/25 top, GLD solidly above Q3P from 7/26, and TLT holding 2HP from 7/28.
