Hello Everyone,
Quick Comments: As has been typical for this market today saw strong early morning weakness followed by a v-recovery, with the SPX down -30 points at the morning lows only to fully recover and close up 12 points. The Russell 2000 however still remains quite weak and bearish looking, in fact TZA from a 60 min time frame still looks bullish. Also of note, the VIX closed up today along with the SPX.
With today's recover we have 2 new DVT's today for the SPX for the daily and 2 day chart, with the potential of a 3rd from the weekly time frame, though that one won't confirm until Friday's close.
Matt
