MUDDY SIGNALS NOW 10:43AM

From landscape turned from bullish at 10AM to neutral by 10:15AM to BEARISH by 10:30AM

Why?

VIX showed that call buyers were coming in because VIX shifted UP when the put/call went from heavy puts down to heavy calls.

Amazing. I think people are looking for a BIG RALLY.

Now on this decline - it is 11:07AM now -

The market has dropped off 4% from its high (measured by SP500) and there is no put buying, only call selling and call activity.

This is remarkable.

I'll see if I can define a low-risk trading plan from this setup.

For now, stand aside.

11:10AM DIA 91.25 last. High DIA 94.50 today at just before 10AM.