Only One of the Three Prior Day Day Trading Indications is Bullish

Only One of the Three Prior Day Day Trading Indications is Bullish:


The Wall of Worry Calculation for Monday 11-14-11 is a Bullish indication for early Tuesday 11-15-11:


VIX +3.63% on Monday 11-14 vs SPX -0.96% = +2.67% rise in Fear/rise in Wall of Worry = Bullish indication for early Tuesday.


The two Put/Call Ratio Daily Deltas I use are both Very Bearish, which means that tomorrow's SPX/Market tone is likely to be Very Bearish/weakness, after some likely early strength:


ISEE All Indices & ETFs Put/Call Ratio was 2.90 at 4:15 PM EST; a Very Bearish +0.29 Delta from Fri 2.61 close; see http://www.ise.com/WebForm/viewPage.aspx?categoryId=126


The CBOE Index Put/Call Ratio closed at 1.46 on Monday 11-14 vs 1.16 on Friday 11-11, which is a Very Bearish +0.30 Daily Delta.


If there's some significant or even relatively modest early SPX strength tomorrow (Tuesday 11-15-11) it'll probably make sense to fade that early strength and day trade SPX short. Ciao