morning all,
after recovering well off its lows of yesterday SP500 atm has continued on with Wednesday's (shakeout) action ....atm up abt .9o%
possibly could recover to abt 1940pt area .. that's the area our last ray of sunshine was dashed with that huge trap upmove
now back in Oct 2014 the SP had a similar (candlestick) action .. not saying its going to recovery anything like that one but yesterdays low (dip) is in the same area and should form at least a short term low
not that its action will effect us over in spec land
