Boy am I glad I tightened my stops this morning. I avoided most of the bear-hunting that took place.
What was the major impetus? Program Trading programs kicked in. No good news to think of.
This is a vicious day trader type market; it makes me seasick just trying to keep up.
Anyway it looks like we are setting up for more upside testing right into major resistance...on a low volume week. This should be interesting.
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