Weekly Wrap

Very important levels here... DX traded under a major yearly pivot into the close today and DJ has been slowing down near the 20K barrier. ZB also looks like it has stalled near a key pivot and VX is certainly at the key 12.00 level - from a technical perspective, this market is ready to correct - but expect all pullbacks to remain short and very shallow if we do turn on these markets, which have been cleanly correlated as of late. Have a good weekend.