Well still choppy sideways and nothing happening. For now the only stocks which are moving are the small caps which is running most when markets flat like this...
I am expecting a BIG move to come , most likely today and I think it will be to the downside. Financials weak and leading markets, but SPX may get last gap up push to the blue trendline, but again we have POMO day, so not sure if we rally, but with Bernanke talking today we might just tank on him...
I am still heavy short and no reason to cover here, great spot to add.
October comming and it will be a RED RED October...
Have a nice day
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