Red

Carl at day’s end:

1139-1155 estimate for today (16 points)
1123.75–1148.50 actual range today (24.75 points )
Market was 6-15 points below Carl’s range.

Trades: No trades
Grade: C (lost no money)

113 was the launch pad to go into Monday for sure. i was impressed they could pull that off with ease.

Lots of “buy the dippers” going long into Bullish Monday, and Bullish OPX week. Someone is going to be surprised next week…

Just shorts covering into the weekend, and bulls going long

That took all of 8 minutes

It's a beautiful bear flag Jim… I can't see anything Bullish right now, that would leave me to believe that Monday will gap up and rally.

Wasn't that much, really. A good day, not as much as I'd hoped. Lots of bullishness, big upticks, bad chart patterns. I didn't want to eat those puts on a big rally.

Still committed to the Southern cause with ETFs and June puts. 🙂

Nope – this is good for us bears. Another opportunity to get in!

I sure would have liked to have seen S&P close in the 1127 area. Would have set up Monday nice.

now its a guessing game again especially if they get it over 1135

You still made a huge profit. Be happy!