Cobra's Market View Private Messaging System shows:
THE SHORT-TERM MODEL BELIEVES THE TREND IS UP HOLDING BOTH LONG AND SHORT (TRAPPED) OVERNIGHT
The bottom line, news driven market, no matter you normally wave your hoof or claw, let’s wait until the dust settles down.
Both VIX and SPX were up on the same day for 3 days in a row. It happened only once for the last 2,000 trading days. If you check for the last 5,000 trading days, there’re 12 cases though, 50 to 50 chances a green day the next day, so not much edges.