Tuesday, August 27, 2013

S&P 500 ~ Intraday ~ 27 August 2013

The SPX hit last week's low this morning:

We're rallying right now but I don't think that we can get all the way up to 1657 and close the gap. Big gaps (like today) are usually not filled on the same day.

If 1640 gives way, we should decline to 1624ish.