If down trend continues, sure. Interesting that upgap not filled + upside breakout failed to materialize a melt up. Buyers are just not there any more, unlike the 820, 840, 860 buying.
894-895 should give it another boost to 900+ to test the wind area again. as lc said earlier, longer timeframes are looking toppy, would need a hard break of 4.50 to change my mind on that .
Despite the valiant, albeit sneaky, attempt made by the bulls in the AH, it looks like they're losing the battle. What a pity, all that gain for nothing!
Expiration is next week this could just be a pullback before move up to close where there is a great deal of OI on the S&P. In that case between 880 and 870 should be a decent buy.
boring....watching paint dry... is this consolidation in an uptrend or topping out? VIX has edged lower, getting down to the lowest range since September