TECHNICAL CONDITIONS

The SPY closed friday at a bit under 129 and at a 2 day RSI of about 35. The 10 day SMA is a shade over 129 so for now it appears its just time to hang on and wait and see what the action brings us for monday.

The VIX closed at 11.96, right at the 10 day SMA. Its indication is to wait and see as it is right in the middle of its 10 day range.