Sunday, August 16, 2009

Futures are under 1000 S&P as I write this...

I'm expecting significant sell off this week, we topped out back around the date I said, alot of distribution has been going on around these levels the past few weeks. I'm expecting 950 to come for the next swing low, we might go back up and test over 1K again during start-to-middle of september before a further selloff to under 800 later in the year.