tuesday's turn, page-99

XJO finished at 3459.1 and the SPI mar and Jun contracts closed at 78 and 89 respectively. That's a pretty decent premium and doesn't look good for the bulls.

That said it could be a one off which means short for tonight and maybe some of tomorrow before continuing up. Just because a few indicators (like the slow stochastic) on the daily are starting to look expensive, it doesn't mean it couldn't be easily stretched to 3600 late this week though.

Tough call after that finish but mid term shorts are risky from here I think. Daily resistance at XJO 3578 might be a better place to get short mid term (if at all).