I've got my levels figured for a bounce, which I think is most likely. Should that not develop, I expect chop her after last week's largish move; so trade as if chop. Might sell off more but I think that's the lowest probability--not saying if won't go down a bit early but I think it unlikely to see follow-through. Bottom line, just trade what you see, and be nimble here; I would not get too bearish at this juncture since the weeklies are all still a screaming uptrend/buy. Until proven different, that is.
It should be interesting. Seeing the Asian action, probably going to short the open and snag a few. BSC looks like another nice short. Chances there are an afternoon rally are fair. Tuesday should be dead until Uncle Ben speaks.
I don't know. Someone tip me off on something. On Tuesday if by some crazy reason, the FED does a surprise cut (which 99% people believe won't happen, myself included) what financial stock would you make a huge play on? Like a CFC, WM,or maybe a LEND, IMH, etc.?
What am I going to do for sure tomorrow? Well, that is easy. Wake up(assumption w/ 99.99999% of probability). Eat (if I wake up 100%), relief my self (100% if I eat), and maybe start out shorting YM in the morning but look for a reversal in the noon.