I think we put in the Week Low yesterday. My play for today will be long entries on a pullback to 3260/70 for a ride to 3300/3310. May not even get that pullback.
Frankly, I'd be slightly surprised if we dip much below 3270,50 this morning. 70/78 should be major support. Any other takers on today's session?
The massive sell-off in the XLF that began 9/03 remains afoot, I remain bearish for now. Will re-evaluate at $23.
Actual low was 70,25. 3300/3310 by the Close. Of course - shit could hit the fan and we'd sell off lower. Just don't think that's likely today...?
I suppose Powell on the stand is a factor which could induce some volatility and even a sell, so there's that...