Crystal Ball

My crystal ball worked quite well this morning as I wrote that I had no idea what this market would do in the short term. The market did not seem to know where it was going either as it stumbled around all day and closed pretty close to unchanged.

While we could see some more of consolidation or even a bit of a correction the market is not yet overbought and sentiment still supports the bulls. We saw a decent amount of put activity today even though the market went sideways. Have a good night.

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