TECHNICALS- THE SHARK
Technical issues across the board as Verizon FIOS was out all morning so trading here- But an update is as follows:
Down volume 2.5 X Up;
TRIN- 1.22;
VIX- higher by 6.4% to 18.07 and now trading even with the SMA 10;
GOLD - 920;
Crude- 129;
RSI (2) levels:
SPX 20
DJIA 16
NAZ 14
QQQQ 16
RUT 14
MID 29
OIH 94
XLE 96
BKX 7
XLF 6
XBD 10
Not nervous that we are going back to the March lows but not ready to buy yet- but watching and if we dip again tomorrow and the numbers get to buy levels I will probably buy the dip.
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