Tuesday look for the first part of the day to consolidate the huge downtrend of today. I would not be surprised if we have an non eventful day till after lunch tomorrow where the big money will then tip there hands. If during the lunch time hours we are flat or close to flat there is a good shot we will have a turn around tuesday but my belief is that we will start the day negative and stay that way in a narrow range till after lunch.
Today sell off as I said before might be bad but it is good for the bulls to also rest, remember we can pullback to the 790 area and still be intact for more upside. We ended today right above the support level so overnight might be interested when europe opens.
I would be looking at that 815 on the futures as some first level of serious support if we sell off tomorrow and possibly down to 790 but I am sure we wouldn't get that far tomorrow if we did WOW that would be super negative.
Remember we just wiped out 6 days of gains in one day, so lets see what happens tomorrow.
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