pointsnfigures
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SP:SPX   The S&P 500 Index
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Today's action was pure Syria. But what is interesting to me is that if you take the last two down day action, and aggregate it, the rally today didn't make it halfway back. Short term short. Market feels tired. What can rally it? The day the missiles fly. Big rally on whatever day that is. This is not the time to put on a "if you have a hunch do a bunch." trade. Instead, trade small and grow tall until the political climate tones down.
1649 is halfway back. I would sell there with a stop. if it holds above there, the shorts will cover hard.
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