Know what the ‘D’ is for?…DEFAULT!

We all know what happened…On Friday the S&P closed weak, we open lower in Globex, sell off a little more, then rally to close on the upper end of the range.

At the end of the day, I still feel the S&P wants to go higher, but the algos keep holding it back.

The Greek government doesnt have the money to pay, and lets face it, they dont want to pay…I think default is inevitable.

Volume is starting to pick up a little.

Look for some choppiness going into the quad witch.

Bootcamp kicked off today.  Sharpen your pencils!

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MrTopStep Group
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