Markets closed at the lows and that probably should have been predicted once yesterdays lows were taken out. The SPX -12, NAZ -20 and the DJIA -107.
Sector winners- metals, drugs and junk while retail, energy, brokers and homies lagged.
SPX 90 GREEN;
NDX- 18 GREEN;
VIX - higher by 6% at 32.7 and a full 10% above the SMA 10- hasn't happened in a while;
RSI (2) levels:
So going home long some QLD and looking to hold for an exit when the RSI is over bought at/near 70 area- hopefully this market doesn't just go straight down - not that likely.
Also, tried some DIG today but was stopped out of that trade pretty early.
Some pretty good ES monthly support at the Pivot near 903.-