Markets in a morning chopfest with the ES pivot holding at/near the 875 area- SPX +3, NAZ +7 and DJIA -1.
Strong sectors- metals, materials, homies, semis, banks and energy while drugs, consumers, real estate and telecom lag.
SPX 310 GREEN;
NDX 59 GREEN;
VIX- down 1 at 30;
TRIN .68 with up volume about 2.5x the down.
Not loving the chopfest and looking to dump my SSO from yesterday on a spike higher- and noticing now that the brokers are getting some jig with MS +3.4% and GS +3.6%. So maybe something brewing for the bulls before long.