MEDIUM TERM DJIA SELL

MEDIUM TERM SELL SIGNAL FOR US EQUITIES

VIX index lifted off support from major lows whereas S&P500 turns down after encountering resistance. This has occurred with the InvesTRAC medium term in a sell for both S&P500 and DJIA which suggests that equities could be in a bit of bother...but of course a bearish outlook would be dispelled by a break above recent highs...let's wait and see if that happens or whether the S&P500 and the Dow head back down to the support.