Replies to post #36163 on Profunds index and sector trading (PRO)

[Namiar]

Todays action not looking good.

Although I trade via the NDX, I use the SPX as a proxy for assessing bottoms.

The intraday low on Oct 10th was about 840. Looks like a retest is still on the table. Currently sitting about 860.

If it doesn't hold, then we've got another leg down to contend with.