Oh, picky picky.......
Can't just leave it as a general thang, canya?
Okay....here goes. Slight rally late in lunch then back down.
45% chance the last rally after the bond close fails dropping the DJIA into the close.
If the SP7Z drops to 973, 974 it should find support. Falling below 970, 969 will mean the market closes negatori. High end on the SP7Z should be about 985. However, if the market moves up first, passing 981, 982 it should stall and spend the rest of the day working lower.
High positive TICK readings....say, +1000, should put the Kabosh on any advance.
Damn, my IV needs refilling.
If the late rally does materialize the odds favor a close that is marginally unchanged.
Specific enuf for ya? Now no matter what happens, I have to be wrong somewhere. |