Not much New Today

With the S&P 500 at an area, 1395,  where some support could appear in the short-term, there is not much to do today.  The overhead resistance above 1420 is a ceiling for now.

Aggressive decision traders could lighten up a bit on regular stock futures and move some shorts to etf’s like DBE (oil) or GLD (gold), or buy the short oil etf DUG.

Leave a Reply

Your email address will not be published. Required fields are marked *

5 + fifteen =