This is a market with only active shorters., countered by passive buyers and volatility sellers. If there were buyers, we would be well above 4200 by now. We need some real bad economic data or fiscal cliff to hit to make the market sell off, make Fed pivot as implied in Fed futures and then break these resistances
This is a market with only active shorters., countered by passive buyers and volatility sellers. If there were buyers, we would be well above 4200 by now. We need some real bad economic data or fiscal cliff to hit to make the market sell off, make Fed pivot as implied in Fed futures and then break these resistances