THE CLOSE

Made some lunch money on SSO as I managed to sell the final rip - but a brutal day as the slop was hard to fathom.

Closing numbers - SPX -4, NAZ +3 and DJIA -42.

Strongest sectors- trannies, internets, semis, tech and oil service while banks, homies, ags, junk retail and drugs lagged.

NYSE- 150 net losers;

NAZ- 150 net winners;

SPX 180 GREEN;

NDX- 51 GREEN;

VIX- down 3% at 29;

TRIN- 1.9 with down volume about 2x the up on very light at under 1b shares.

RSI (2) levels as follows:

SPX 20;

NAZ 48;

NDX - 58;

DJIA 14;

A brutal choppy day - as the markets trade under most support areas except the 875 SPX level which has held for a while and was key support a few months back.

SMA 200 on the SPX at 880;

50 day at 906;

No idea about the action for next week - for now its all about the day trading- for this fish anyway.