Another Thing I Like

Last week the market sentiment was very negative. People (myself included) were very concerned that the S&P 500 had broken below a "Head and Shoulders" chart pattern and was headed down.

We can forget that for the time being. The Head and Shoulders" has clearly failed. So are we off to the races on the upside? I think not. I believe we are in a trading range, and will continue to believe that until we get a true upside breakout from the range on heavy volume.

Today's market is fluctuating between being slightly up and slightly down. Down volume is much higher than up volume so far today.

CME is down 9. I am looking for a place to buy 100 shares as a day trade.