Thursday should be interesting, as the market could either sell off hard and put in a new low, or just chop around until Friday when the overbought charts get reset and allow the bull trend to continue.
(to watch on youtube: http://www.youtube.com/watch?v=CN8Jki8ifd4)
So which one will it be?
That’s a hard one to answer, as this Friday is option expiration and the gangsters always pin the market at a level that they pay out the least amount of money to put and call holders. So which