Market Pullback Today on considerable selling. The market internals shows -6.3 to 1 in the NYSE and -4.7 to 1 in the Nasdaq
I am looking to enter short the VXX as the market approaches the last Friday’s lows.
The SP500 still have some room to trade a bit lower but its an appropriate set up for this week. remember that we have the FED talk tomorrow and its expected to say that the FED rate will stay down much lower than what people expects.