A quiet and sleepy afternoon likely lies ahead for this nasty algo-bot ridden market - baring some crazy Reuters rumour/s of course!
sp'60min
Summary
Bears can NOT expect any serious downside until AFTER the FOMC on Wednesday. Shorting at these level...and at this time, is probably not the best of ideas. Patience.
---
Notable stock of the day...so far...
FB, daily
The bull maniacs are chasing it higher, I'd guess it will get stuck around 33/35. Max' upside would be a complete backtest of the original IPO $38 level. Mid-term target remains the teens.
Stay tuned!