One possibility is to close tomorrow around 859-860. That would set the market up for a gap down open on Friday below the pivotal 850. I believe there is a decent chance the market behaves like it did one day prior to the November election and directly after the election. Momentum has been holding this thing up on fumes - once it subsides, watch out.
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Post market close update - 12/31 4:45
Last 5 minutes of that market was a window into its soul. Wrong about the call for today, but the next few sessions should be interesting. All said, it was a lower high on extremely light volume. If the market wanted to really explode, today was the day to take out 918. Have a happy and healthy New Year.
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