HIGH: 2014.25
LOW: 1995.25
LAST: 2009.50 UP .5 Handles
TOTAL VOLUME: 1.6mil ESH, and 3k SPU Traded in the pit.
FOR TOMORROW:
MBA Mortgage Applications, ADP Employment Report, Gallup U.S. Job Creation Index, PMI Services Index, ISM Non-Mfg Index, Factory Orders, EIA Petroleum Status Report, and FOMC Minutes.
Today was quieter and more orderly than yesterday, but tomorrow may be different.
You could tell the ES was not ready to collapse, the the selling was just not big enough.
Short Jan Expiration this month – Look for the Pitbulls Thursday/Friday low this week.
Stats are weak on Monday – Up big on Tuesday – And positive the rest of the week.
The exchange is closed on January 18 for Martin Luther King day.
Lots of ‘Thin to Win’ Potential, but I’m just not ready to say we are going up big…
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