I expect Monday to be an up day because it's Monday, and the reversal to happen Tuesday, possibly AH when NFLX reports. Not actively shorting indices, I think it's better to short sector and foreign market ETFs along with individual stocks.
While JPM were all positive, WFC had negative guidance. I think will be a mixed bag, and we'll get some whipsaw action going. C and GS report Monday morning, I expect GS to beat since the market has gone up so much. Lots of trading in Jan means big profits for GS .
Wedgie still valid unless we get big movement up next week.
Probably a whipsaw afternoon today.