The rally in the markets today looked strong even without any deals being made by the both sides of the Gov't. Is this rally to suck more people in with a tanking market to come by Monday? I'm not sure, but indicators were overbought all day. Maybe the big boys know something we don't, and buying knowing there will be a deal made before the week starts. All speculation...
Main-Trend: DOWN (Confirmed)
Note: The daily 75ma and lower BB sits at 1668 respectively... So watch for this level if we drift lower on Monday. A breach would look for SPX going to 1640 - 1620. A shoot up will have resistance at 1710 - 1705.