Pre-close view… Better late than never?
Closing down sharply at fresh lows on expiration.
That about says it all. There is nothing bullish about this session. And nothing that isn”t bearish about the afternoon.
The bearish WedEX was productive, making it likely to be productive Monday morning, too. That might mean a gap up trends straight down, but the market seems more interested in opening lower.
This could be very bearish, and we”ll discuss it in greater detail during the Saturday Review.
