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| SPX Daily |
Short term indicators have come off a little since Friday's "ripe for selling"' readings, but still have room for more selling. 1355-1375 on SPX should hold as support considering the high volume zone sitting there. S&P futures daily pivot is 1373ish... which is equivalent to 1377 on SPX. That 1377 level is also the Fibonacci level that Trading Nymph noted on the Morning post. I'll be watching that level closely should it get tagged this afternoon. 1373ish on futures would also be the bottom end of a potential 10-15 point range day.
