Here's that Bounce

Remember I said look for the IWM volume intraday and a bounce should come shortly after and at the end of the post at that exact moment the volume showed up.

We should see this bounce likely in to the close. There may be some relative performance issues, the SPY looks pretty good for a bounce which tells me that XLF would be one of the assets that I'd be interested in in either shorting or perhaps going with FAZ (long) 3x short Financials as they have a healthy representation on the SPX. Small caps would be another, maybe the 3x leveraged TECS (Tech 3x short) as well.

I'll have the updates EUR/USD post out in just a few minutes and you'll really be able to see the results of what has been going on today and the highest probabilities with ease, which makes it a lot easier to short in to price strength.