Weak bounce after massacre is not typically the end of the decline. Tech strong but not much else. SPY clear resistance at the AugP.
Additionally, VIX still looks threatening for stocks, XIV lower, GLD above resistance, and TLT no rejection from resistance.
As usual a lot more coming up on the blog but as of now it is still time to be careful.
SPY and XIV below. Oh yeah - UVXY +44% on the week!
