Price from last weeks high made a nice reversal with help from the dysfunctional world leaders. If you hire half ass people, you will get half ass work. This what I can best describe the current elected officials around the world that never intended to do service to their people. Elected officials or potentials should be put to a psychological test rather than be voted by the easily manipulated public. This way, we those with a sociopath or a psychopath attitude.
The market though, has not had the impulsiveness that I was looking for. Maybe todays move was just a sub-division of a larger move, but no matter the ST has turned to the downside. Agreeing with our bearish sentiment. Couple this with a OS intra-day chart giving us a lower risk trade to the downside.
The Futures and the SPX cash market has been in dislocation for the whole day. Tomorrow might be a different story.
MT: DOWN
ST: DOWN
PA: DOWN
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