Friday the S&P 500 was up 1.3% to 1409 (rounded). VIX fell 1.1% to 15.14.
NTSM
The
NTSM analysis remained HOLD Friday.
Volume was light on a shortened
day, so as I suggested Wednesday, there isn’t much we can infer from Friday’s
action.
Let’s see what happens
Monday. I suspect a down day and I still think the trend is down.
MY INVESTED POSITION
No change.