Here’s a look at the $NYAD (NYSE advance/decline line) over the past 12 days on hourly bars. 90 minutes in today and the NYAD is flatlined at .12, as bearish as it gets.  The VIX has jumped over 18%, goosed by profound weakness in the financials, oil and materials.  Bonds are the only safe haven although GLD (not GDX) is holding in the green. Op-Ex week usually presents itself with expanded volatility and this week may turn out to be an extreme case. Note the VIXEN cross in the middle of the chart.