A marginally down day today based on slow news ....at least according to Briefing.com.
Meanwhile we're seeing some technical deterioration in the majors and the SPY TrendX is in imminent danger of rolling over. The shining light for tomorrow is the FED, whose incoherent pronouncements are typically received with unbridled enthusiasm.
The SPY VDX profiled last week has hit new highs but is looking more and more risk prone. > >