tchewsday

12 minutes into the open and the SnP support of 1147 held up. dow only down 61 when it was down 100 premarket in the futures. volatility is definitely back in. yesterday was step 2 of the VIX market buy signal. We will have to see if that is confirmed today or not. System bought SLV today on the open, got stopped out of IMAX and SKS longs. so now I am weighted 3 to 1 in favor of the short side.