1279.52. That's the number I'm looking at this morning on the cash S&P. I'm a bit surprised by the strength of the the overnight market, but maybe I shouldn't be. Yet again, it will only truly matter to me if it translates into the day session.
If 1279.52 is exceeded, it likely means my expectation for continuation lower is incorrect. If fact, it would look to me as if the downside pattern was incomplete, suggesting the market could go much higher.
Today I have to leave early to head to San Antonio for another filling replacement session at the dentist. All I want to do is work!
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