It is amazing how equities, indexes are completely disconnected from technical analysis. It is almost scary to watch this price action. Again I will repeat, on a technical analysis stand point, we should be selling hard. It still may happen today specially if we re-test the 140.80 level, but anything can go now. I am horrified to see this disconection. A twitter friend of mine who I highly respect reminded me that the is Options Expiration week, so anything can happen.
I will quietly exit the day expecting things to finish on a negative note, which is the correct action.
May you all have a good end of your day.
