High Potential for a Sucker Day
The S&P seems to be languishing in that 2570 to 2620 trading area where the so called smart money is supposedly buying in anticipation of an upside breakout soon. The name Smart is in this case synonymous with fat cat free lunch crowd. We are watching closely to hit bids as soon as the very short term trading signals click on, they are close here at 9:00 AM CST.
Will update if we get signal.