Checking the hourly bar chart of the Lazy Man 5 it was a strong day…kinda…although Volume BUZZ was not confirming.  These low volume melt ups can continue for some time without collapse but geopolitics remain the 800 pound gorilla waiting to pounce. VIX did take an 8.5% hit today but that may simply be a byproduct of post expiration expectations, so consider this event with a grain of salt. The market is actually sitting on the 200MA ledge and while a number of market guessers have called a bullish reversal, I remain uncommitted to such an optimistic scenario until the NYAD demonstrates more than passing enthusiasm.