The Down has gapped below the previous low completing the Dow sell signal I posted about compared to the Dow Transport. Rsi and Stoch Rsi are nearing buy signals though plus the Dow broke down from the falling wedge. I am hedged short but I am not calling a full on crash/top given the Fed's track record. If the Fed didn't always save the market I would go short with a lot more conviction.
Going to be interesting to see what happens with the options expiration today.. Most times people are warning of option expiration nothing happens.. lets see if this time is different. Eyes on the VIX too.
Going to be interesting to see what happens with the options expiration today.. Most times people are warning of option expiration nothing happens.. lets see if this time is different. Eyes on the VIX too.