Equities closed lower today after giving the upside a run in the morning- SPX -9.5, NAZ -15 and the DJIA -104.
Strongest sectors- homies, ags, junk, airlines and retail while metals, real estate, reits, financials and banks lagged.
NYSE- 850 net losers;
NAZ- 600 net losers;
SPX - 115 GREEN;
NDX- 45 GREEN;
TRIN- 1.99 with down volume about 3x the up.
VIX- 26.5 and higher by about 1.5% and about 10% above the SMA 10.
RSI 2 levels between 10 and 15 on the major indexes so another sell off tomorrow may bring some significant buy signals for the longs-
Also seems like support on the SPX near 1050 and below that at the SMA 200 at/near 1020- here we go.