The daily chart is pretty clear, we're still in an uptrend. The only issue is whether we get stuck before 1374, I'm guessing we do.
sp,daily'5
sp'60min
Summary
Market seems to be holding up quite well, but will Mr Market be a little upset now that the Bernanke is gone? The good news...
Benny returns tomorrow at 10am. Oh yeah! The fun never ends!
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We could certainly see a few hours of chop this afternoon, but I'd guess we close around current levels, and that opens up 1365/70 tomorrow. No point shorting ..yet, as those TVIX/UVXY players are again realising, urghhh.
More later!