pay attention or pay the offer

A rather nasty computer issue has me temporarily suspending video commentary. I’m back in manual mode today, but hope to have videos back midweek.          

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With a Spiral Calendar date present, does today’s intra-day strength signal a bottom forming?

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Here’s a set of charts of various market internals for U.S. stocks.

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There’s an odd tendency to the VIX trading during the trading day lately. The VIX most days drops during the day, even the VIX is rising overall.

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Today’s tape tells a tale.

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Here are the three charts of market internals I referenced last evening but did not have access to.

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Once again, the picture tells it all. The S&P eMinis are 5 points above their low for the day. The volume oscillator however is making new lows on the day. This indicator isn’t foolproof, but it works more than 75% of the time.

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I listen.

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