No bottom in the Stock Market yet

It looked like we might make a bottom today, but volume picked up because selling increased as the day wore on.  I was looking for a low volume retest of the 1257 low, but Volume was too high to declare victory.

Our VIX indicator is flirting with a sell signal and that would send us back to SELL over all.  VIX is the most reliable indicator I use. Volume is the 2^nd most reliable and it is already a sell.

I wouldn’t be surprised to see a bounce Tuesday.

The Navigate the Stock Market model gave a Sell signal a week ago, on Friday, 3 June.  It is HOLD today.  (See the page “How to Use the NTSM System”).

I am defensively positioned with only 30% invested in stocks.