Update coming late since I have still no clue about today. Range is small sofar today but the drop on that chart looks ugly. My best guess is that we might see some advancing when US opens and towards the close smarts dumping their stakes. Please note that this is just a guess!

SPX 4H

EDIT: another scenario would be sell off at open and “buy the dip” towards the close (= big guys playing with us small traders/investors). Generally these big guys don’t like selling into weakness and I can not see why they would panic dump their stakes at this moment (unless they are fully loaded with cheap puts that is).

Another note regarding the Italy short selling decision. According to the news, there are 10 cities in Italy that are ready to throw in the towel..

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