As long as the Russell continue to hold up here, I see no reason to get bearish. Once this pattern fails however, I will begin to get bearish and start buying TVIX in size, but not until then.
Sectors: Early movers: Oil Service, Utilities, Consumer staples, Oil & Gas.
Pattern beginning to breakdown, need to bounce here or the bulls are in trouble.
The Dogs From Hell Are Barking
nugt
http://finviz.com/quote.ashx?t=nugt
exk
http://finviz.com/quote.ashx?t=exk&ty=c&ta=1&p=d