8/30/2016

Decent hold of levels today: SPY and ES1 held their YR1s as VIX held AugP as resistance - bullish for stocks. A sign of real trouble will be if SPY breaks YR1 on close and VIX jumps above AugP (or soon SepP) - this hasn't happened yet. Although the sideways is wearing people out, don't get too bearish yet.