CME_MINI:ES1!   S&P 500 E-mini Futures
Violent late day rip looks like its headed for 2530. 2 days until the funds close their books for the quarter/year.....probably a little window dressing. A failure to penetrate and hold 2530 will likely result in a free fall. Sentiment and price action indicators have been giving drastic oversold readings, but this indicators fall apart in Bear tapes. Both Bears and Bulls wanted/needed this rally. Implied Vol on the S&P 500 still finished green on the day which tells me the rides not over yet. Buckle up!

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