Mr Market is messing with the heads of many today, with the main indexes now swinging back to marginal red. First key support for the bulls remains around 1650. Silver/Gold are cooling down a little, but the daily reversals look pretty decisive. Oil is similarly weakening, with VIX +5%
Getting confused yet?
With mid-size POMO on Tuesday and Thursday, default trade remains to the long side..no matter how overbought some might argue we are (as they were in February!)
*I continue to consider an SLV long, late today...or a more safer trade would be early Tuesday.