I Think We Are Going To Get A Nice Little Pullback To Get Long

So today it seems that although the SPY didn't do to much, the volatility was sucked right out. The market also tried to push higher without much follow through.

What this means is that at this moment she's poised to "rock and roll". The VIX is below recent lows and the market has went straight up since the sell off. We have all seen this before.

I trade options so I love this kind of stuff. High-Low and Low-High volatility swings allow for a bit of money printing if you know what you are doing.

As for traders of price action and Technical type traders, this is also a really good market.