sp'60min
Summary
Well, here we are again, another week in the crazy casino.
I certainly noticed a great deal of bearish chatter this weekend, which was somewhat surprising considering the rebound on Friday.
We could still trundle lower to the 1730s - which was my target last week, yet..I continue to broadly see this market as simply untradeable on the short side.
Baring a break <sp'1700, I can't take any of the declines seriously, whilst the bigger weekly/monthly cycles keep pushing upward.
More on that later....
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Notable early movers: RIG, +2.5% in the $54s., FB -1%, and TWTR is -1% in the low 41s.