GOOD DAY??

This morning the futures are looking sharply lower, especially the financials. We believe the market is due for a decent size rally. why would we say that? take a look at the chart below. the VIX or the volatilty index, better known as the "FEAR INDEX" could spike up big today. When the VIX goes above 30, the market has shown to put in a temporary bottom as investors capitulate (sell their stocks in a mad rush as they scream, jump, and drool excessively). Will it work again? It has been a VERY good indicator in the past and we will be watching it closely today at ITM.