you would think they would buy the gap down and squeeze the hell out of shorts. too prectable but who knows. safer to sit it out and watch rather than anticipating a move.
1075 is a major barrier for the index. If it fell below 1075, then I would say this is it, pack up your apartment and go back to Kansas. We will not have that day today. Oil is falling and will save the economy. Invest in staples as input prices go lower. Today we celebrate.