
Over the past few days, following the big move on Tuesday, the S&P's momentum has slowed, thru the view of the 15 minute chart. This could be an indication that a correction of sorts within the trend is coming. At the same time, so many traders hit the futures late Friday that you have to wonder if Monday will be just another "manic Monday" where the buyers emerge. I am long a ton at the moment but have tight stops on all.
via StockCharts.com
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