Well Guys we got the break down from the open like we were expecting, but then that last minute buying that keeps on coming in near the last hour of close, caught me by surprise. However, I was gauged in on LVS after being shaken out of the play from earlier. Road that nice pop near the end to 10.10 that took profits. I chased JPM early in the day and got smoked for some money( Good thing for stops). Now we attempted to break out of the triangle we have on the S&P 500, but the bears were not going to let that happen. So going into tomorrow the key levels to watch are today’s low 926.44 and once again that 945 area. Until we get a break from either of these ranges, we could be range bound with a descending trend line resistance that could push these markets lower. I will not have a video up tonight.
7:18 pm
Hi Everybody, looks like we broke through some key short term channels on the futures market and this could play in for a sell off day in the markets. May not be a crazy sell off day, but could just be a correction.
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