44.5M shares traded and they close the Q's at $260 on the nose lol. Yeah... algo's aren't running the entire show.
That closing hour was lame. Probably no fireworks until after new year. Point to consider, the ES market lost 1000 points. 2023 predictions?
Whatcha think Schiz? 1) One giant flush the next two days leading to capitulation 2) Several smaller flushes through January and THEN the big flush. 3)The santa-claws rally from hell taking us to 4000 to end the year 4) (+/-) .6% thru Friday as everyone says f'it and goes home to drink all weekend with no clue as to where we're heading.
I am watching 3846 ES level. On my chart is the technical bear market mark. We haven't had a bear market since 2008, some may want to see one. 3855 on SPX.
$SPX currently is down -21.54% from Jan 4th high of the year. And in October was -27.54% Gud enuf for me to say bear is and has been here awhile.