THE CLOSE

Shocking to see the buyers show up in the last half hour driving the ES futures to the flat line and the SPX to only down 3.3. Every dip continues to be bought.

Strongest sectors- defense, oil service, ags, drugs and banks while homies, metals, reits, retail and brokers lagged.

NYSE- 160 net losers;

NAZ- 130 net losers;

NDX- 35 GREEN;

SPX- 194 GREEN;

TRIN- .88 up and down volume about equal with low numbers overall.

VIX- near the flat line at 25;

RSI 2 levels back at 59 on the SPX and 42 on the NDX.

Dipped into the morning sell down and bought some SSO - and sold some just before the close and holding some over night- Tomorrow turnaround Tuesday - lets see how quickly they buy it in the morning - just curious.