SPX

SPX - next stop 850, but be aware of a likely oversold bounce.


I will remain short this market via the XLF with an extremely tight stop. I chose to override my system which suggested I cover at the open. But since XLF was trading down pre-market there wasn't a sense of urgency to do so. Current trailing stop: 11.09.

See below for additional setups from 01/09 that still hold - XOM, CVX, SRS, SKF, GLD, etc.