Strategy Central

[shortterm]

Close near highs of day....

TRIN and TICK are very strong, so I'm afraid that is probably what will happen unless something changes soonish. DJX put/call ratio is still huge, so at least that index should see a sell off within the next few days. I wish that SP 100 or 500 would show higher P/C.

I cannot help feeling that we are at the very edge of a cliff dive, but I don't feel confident about it. But then again, things are muddy at the turning points.