10/12/2016

Though Tech (NDX QQQ NQ1 NQZ) held OctPs, SPY, DIA and VTI stayed below their Q4Ps - which acted as resistance - while VIX remained above its Q4P / OctP combo as well. That is a lot more points for the bears than the bulls today.

SPY, QQQ and VIX below. As far as I am concerned, VIX above the Q4P / OctP combo means trouble and I'll stay hedged.