Thursday, December 1, 2016

Today was supposed to be an up day!

NDX lead again to the down side - losing nearly 1.6%. The NDX never made a new high and the chart looks very dangerously close to falling much, much further. We should get a bounce tomorrow, but that may be it for awhile.

The SPX is riding the rally with only a slight pullback. RUT also has not really broken down.

Again, VXST was higher than VIX throughout the trading day, but closed lower at days end. The SKEW has not registered above 130, but is close at 128.