Seeing negative divergence on the 1 hr frame, buy signal on VIX daily and sell on SPY daily. It might take a bit for price to confirm more clearly but VIX spiking has tilted things more bearish. upon confirmation, will add to position as still possible we melt up. Starting with 50% position.
TRAN issuing sell signal and weak price action today.
First down day in a week for SPY but things might rebound by close.
VIX looks like a buy here.
Negative divergence, to be seen whether it plays out. But price is struggling somewhat.
SPY still in uptrend and will need decisive break below channel for shorts.