More of the Same....6.30.14

Last day of the month saw low volume and a swoon to the red into the close.  These low volume pre Holiday sessions are typically bullish due to the lack of sellers but today's action was a bit of a head scratcher as XIV hit new highs and VIX remained in the green most of the day.  We're seeing some selling momentum in select sectors but tomorrow, the first day of the month will provide a much better indicator of the rest of the week's direction leading up to 4th of July Friday.