Might as well recycle that title… a real megaphone pattern evolving here even as momentum oscillators contract inversely. In spite of the huge dollar/ commodities reaction this morning, internals are mostly positive and the VIX is coming down, so I believe we can minimally hold those reaction lows — though I also expect we may see some stronger SPY resistance between $111.10 and $111.35. Volume is very heavy today.
Never Investment Advice
