Market Update: Initial Impressions

First, there's EXCELLENT 3C confirmation, however as to that pullback, there are some initial intraday signs in the averages, the Index Futures, the VIX of course and the TICK (intraday).

This isn't going to change any of my positioning,, but it may very well open up some great opportunities on the long side (short term duration trades of a day to several days), first thing first though, we have to see what a pullback looks like and where the opportunities are.

I continue to hold the trading positions in both URRE as well as AA.