Market Notes:
Yesterday the sell-off continued. The VIX stayed relatively low so at this point, the market appears to be in a healthy correction.
I laughed as my Twitter friends called this is a crash. Sure the market could still crash but all signs point to correction right now. As a trader, I’m always ready for the market to prove me wrong.
Futures are lower at writing. I’m still bearish until the market finds a bottom.
Watchlist:
*XTLB is on watch
*SLGG is on watch
*AESE has resistance at $3.60
*RMNI has support at $9
AMPY has support at $3.40
LEE has support at $3
WTI has resistance at $4
CDEV has support at $5.40
