As has been discussed in many media, traders have been pumping this market into triple witching on light volume against serious headwinds in the form of economic numbers, of which this morning's are only one in a series.
But the attempts are increasingly unconvincing. I would say today is critical. If we sell-off, those who have bet on driving things up into the close tomorrow may bail.
Certainly seems to be happening to my HOV position as I write...
But the attempts are increasingly unconvincing. I would say today is critical. If we sell-off, those who have bet on driving things up into the close tomorrow may bail.
Certainly seems to be happening to my HOV position as I write...
