8/22/2018

Main indexes mixed today with NDX perking up, RUT adding to gains, SPX sideways, yet both DJI and NYA fading a bit.

Safe havens were also mixed with VIX collapsing fractionally below its YP as TLT held above HP.

Given larger trends, bulls get the benefit of the doubt. Tech perking up will energize the market - XBI biotechs on the move the last few days, and SMH trying to reclaim above all pivots as well. 

Another score from the latest Total market view: "Commodities - USO broke under HP support along with DXY thrust. CL1 contract has given many good signals in the past and low bang on D200MA so far, so USO could recover soon."

SPX, NDX and VIX below. 

22 2 NDX D.png
22 3 VIX D.png