Basically right on the 50 sma now.
So what the market does early tomorrow will be our first signal.
If it rallies. Expect a test of s&p 4000 again because the 50 sma is still headed upward strongly.
If it drops, I would not hold long. Any trading below the 50 sma is not bullish.
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How are SPX options moving right now? Do they begin to trade overseas at this hour?

