11:00 UPDATE

The markets continue to meander this morning with the internals flat as I type. The Financials are a tad green (.5%). Techs are flat and Oils (-2%) /Metals (-1%) are the worst performers. Note also that crude is down $1.4 to 65.75. T Boone on CNBC yesterday may have triggered a nice short term sell signal in the energy patch with his bold 75 before 60 call.

The Volatility Sisters are flatlining with the markets and I wish I saw something exciting. As mentioned in the earlier post, I expect better buying opportunities in the ETF's next week.

The Pivot on the SPY today is the 130.1 area and bursts above or below that area should be watched for market direction.