The market continues to experience wild gyrations as it settles down from the “flash crash”  It is still a very volatile environment for the average stock, but the Gold stocks (mentioned here numerous times for subscribers) are soaring to new highs.  The inset  on the chart below shows the volume weighted average price  “since the event”.  Since last Thursday the average price the SPY has traded at is 113.96.  The VWAP is a moving price, but it should be monitored for potential support on any pullback below traditional support levels.  The most important near term support are is now ~115.oo and there is still significant potential resistance up near 118-11850 which continues to leave this market in a very fragile condition.