Tuesday, March 24, 2015

Muddle Continues...03.24.15

The past 2 days have seen nasty closes and today's open looked like we were going to see a resolution to the downside......but so far at 90 minutes in the markets are holding together (barely) as the NYAD rides the .72 level and ...here's the kicker... the VIX is down 2.5%. while SPY is slightly in the red.
Could be a plunge ahead so heads up on stops and beware the trap door. Very thin volume is also adding to the uncertainty of market stability.