6/11/2018

USA mains mildly higher today, but upside should be limited from here. SPY has closed outside its daily Bollinger band for 3 consecutive days and then closed back inside today. Another push outside would be the less likely move. Further, VIX held its YP today. 

But I don't think selling will be serious - after all, FOMC on Wednesday. 

SPY and VIX below.

11 2 VIX D.png