
Slow Stochastics still overbought and look to be curling over. Volume has been tapering off.

Sharp bearish rising wedge looks to break soon on SPY.

The VIX closed at resistance/support while spending most of the day above it. With it not closing above support, this leaves tomorrow somewhat dubious on direction. The rising wedge could experience a false break out to the top, or we could have a failed e leg.

Intermediate term we are still down.