mmmmmmmmmm monday, page-68

as i said earlier today, sometimes what appears too obvious, isn't.

i also mentioned that there was no point in getting too bearish if support on the spx at about 850 held up.

well....the low so far came in at ....drum roll.....850.1.

very short term resistance currently at 860. may be worth paying attention as it may head back to support from that level. another brief move down should probably clear up resistance.

i'll just have to watch the move to decide what to do overnight. scalping in the meantime.