overbought. Internals are obviously quite negative, although the VIX remains off its a.m. highs by a hair. Nevertheless, short of a last hour miracle (which abound in this market), I do expect a somewhat lower close at this time. I likewise will be looking for support in the low to mid- SPY $109 range, which we are honing in on as this post goes "to press".
Never Investment Advice
08/01/2015 Market Outlook (Bearish Reversal Day)
2 hours ago