Quote from Brianharvey:
This surely has to bounce a bit.
Going long here at 1098.7 SPX
Stop at 1093.0
If you go long at 1098.7, what is your target? The market closed around 1105. That's not many points. And 1098.7 is around yesterday's close. So this market is still very much overbought. Its amazing how people are so tempted to buy dips in this market, even those that are less than 10 points on really bad news!

