Today's FOMC meeting was initially met mildly, but Yellen's post meeting news conference that focused on low growth and high interest rates sent the market lower. The market internals showed signs of the weakness with market breadth negative and the number of stocks above their 20 day moving average falling substantially.
The SKEW jumped back to 125 - a moderate reading still. VIX and VXST both rose also, but not substantially.
As this is options expiration week, it should be bullish. So far, it has not been, so the next two days could save this week from negativity.
