Equities are trading lower on the heels of an upward move in the dollar and a bearish report on crude. SPX +5, NAZ -5 and DJIA -40.
Strongest sectors- internets, drugs, ags, semis and defense while metals, energy, homies, gaming and brokers lag.
NYSE- 1400 net losers;
NAZ- 900 net losers;
SPX- 120 GREEN;
NDX- 35 GREEN;
VIX- up 5% at 24.15 and about 7% under the SMA 10;
TRIN- 1.00 - with down volume about 3x the up-
RSI 2 levels as follows:
As usual I suspect the market gets bought later in the day as that has been the usual pattern- doubtful we get back to the flat line but close before the close will probably be my bet.