This is strange...I'm disagreeing with Pekelo and agreeing with B1S2.... Consolidation before we head for 2600 and north. Great investing opportunities abound today...be like Buffet, not Ackman.
I was just toying with him, because he always gives this inane "FALSE" posts as arguments. We probably close the gap at 2560 SPX then bounce and make a second top around 1590ish in a week.
That sounds a bit more like the Pekelo I know. And I'm very much of the opinion that we stagnate into next Friday...news being neutral, of course.
I use "false" when something is incredibly and obviously untrue. There doesn't need to be any discussion---it's just stipulated false by any right thinking individs.
So why would you not say "FALSE" here? 1590 for a second top in a week? Hehe. (I know, was a typo. Just playin'.)