I am sorry, I don't get it ... what is it that points to expiration at 850 or below?
Here is a matrix for SPY (see attachment). If open interest is an indication then it points to expiration closer to 900 rather than 850.
why urge to short ? ... let it run until it keels over
looks at this chart:
http://finance.yahoo.com/q/bc?s=%5ENDX&t=5d&l=on&z=m&q=l&c=
nothing bearish about it.
hm... would rather wait and watch than short. shorting strong trend days is a recipe for disaster, been there done that.
DAX is up 3 percent china ended up 4.4 percent higher
for those using volume charts, if I'm not wrong, vwap should be closing price of the bar exactly in the middle of the chart, given that chart starts at beginning of the trading day.