The SPY Vixen says it all....choppy and weak following 6 up days.
Turns out the M3 short term ALERT was correct,,,cash was the place to be.
XIV took a big hit and then recovered by the close as XLE and XLU held up well and in conjunction with suspicions posted in yesterday's link.
We may get a follow through on weakness as a setup for a first of the month run up...or???
And APPLE announced a 7:1 stock split today and an enhanced stock buyback program, possibly in an effort to stimulate retail activity.