A positive close for risk assets in April is better than things looked for a while, but today left several things to be desired if you are in the bull camp:
VIX reversal bar, from AprS1 and 2014 lows
SPX set double top rejection (see today's blog post)
IWM smash!
In addition:
ISEE highest reading since 10/2016 was yesterday 4/27, right before biggest drop in months
I'll try to figure it all out on the blog this weekend.
SPY, IWM and VIX below.
