now short, page-16

back again, missus went to bed ... and I sacrificed a good position to keep her happy! blast! lol

s&p futs anticipating a breakout to cash 1291 -1293 tonight... two resistance levels in one hit.. I don't think so...

but I do think the us fed will pause next meet... the rise in global rates last night takes the pressure off the fed because those rises cut global liquidity... and the employment rate is a lagging indicator, saying that the domestic economy has already slowed.. sure hourly rate may have risen but that could be a peak as well and they haven't been rampant increases ... but nobody really knows and while the us markets will rise I don't think they will go gangbusters.. that is, further than the futs are aleady factoring in... 1290 will cap spx I reckon, which makes it a good short if it gets there...