It is Courtesy Day, so we are posting one of our daily subscriber charts. Today's chart is part of our Multi-Indicator Model for paid subscribers.

The upper part of the chart shows our bias indicator for the Volatility Index (VIX), and the bottom part shows the NYA Index. Note the (fast) thin red indicator on the upper graph. Whenever it rises above its blue horizontal line and there is a cross-over on the thick red and blue trend lines, then that is a trigger for up movement in the market.

Last week, the indicator was rolling over, and as you can see it continued on its down path with the market joining in. This is supporting the fact that Options Money flows are a reflection of some pretty sophisticated knowledge about what will happen in the market within the next 30 days.

(Note the blue arrows: When the fast red line is above the blue horizontal signal line, and at the red/blue trend line cross-over, then ... Together, these two indicate when there is a new upside shift in the market. As you can see, there is still work to be done at this time for any sustainable up move.)

Also note that the faster, thin red line was butting up against the edge of the solid red line yesterday, so that keeps the door open for Boehner to not shut the government down today. So, this (proprietary) Indicator has been doing a good job of telling where the markets are going.