A very quiet start to the week. The main indexes all closed only marginally higher, and the bulls failed to get a daily close above the recent high of 1525. Despite the lack of significant upside, the bears sure don't have anything to tout, with the VIX slipping back into the low 14s.
sp'60min
Summary
It looks like we're back to a few weeks of low volume algo-bot melt.
I do foresee a major down wave coming, but really, even 10% will only get us back to where we started the year.
Unless the Fed pull the QE..the underlying trend..will remain upward.
