I still don't see why we can't have one last burst up toward 1500 -- into January opex. For all of the drama in the overnight /ES futures this past week, the actual trading during RTH is tepid and full of overlaps. We closed right on the .382 retrace of where I have got "A" charted.
The pols will work out something stupid in the next couple of days, which ought to get us through a few weeks. Or ... or ... this POTUS really is out golfing while it's all falling apart. I can't wait to see this guy when the SPX is making new lows below 666 and his approval rating is about at, I dunno, 13.1 percent.
After the holidays, I'll be back posting regularly. Long story, involving a little Kunstler-ische happy motoring.