Up/down into the close seems like a coin-toss from here. Regardless, I think dip buyers will show up around 4220 for the overnight drift. But I may very well be wrong... One of these days we should get a good trend day down.
I shorted this morning prior to RTH at 40, closed out at 26.5. Wanted to go long late, but failed to pull the trigger and missed that end of day missile. Short again at 42.5 now. AM.
Internals have been souring for some time now.. Let's see what puppet Powell has to say through Wednesday.
My conservative assumption is we'll print 4300 this week. So I'll just consider any dip as a good buying opportunity. If it's to be an easy bullish week without any wild gyrations - we shouldn't trade below 4220 this week. But you never know for sure. And this market is a bit jumpy lately.