My daily volatility indicator is flashing a sell signal in the Spu’s ,Nasd 100 & Nikkei.

This is a short term caution signal.The previous signals have taken from a couple of days to a week to play out and negate the signals.

Equity/Bond spreads have broken their short term upside momentum #’s early last night.

Spu/Bonds could work its way toward its 50 DMA over the next couple of sessions.

This is the level that has matched up with the past 3 rallies.

Indices are into matrix bounce zones.

The markets are acting as I wrote about over the weekend.

Indices are weak, seeing profit taking, going into tonight’s presidential debates.

Fed speakers will create volatility all week.