Guys,
If u know what is a true selling day then, we had on tuesday. It signals schange in at least very short term market sentiment. As, i had discussed market resistance yesterday, its time for market to tests its supports. Profit-taking, fear mongering and volatility will be part of this move. We should tests 117-1140 on S&P before we see any sustainable leg up.
I am expecting head and shoulders reversal for this market for upside. Avid chart watchers like Tyranny should understand what to look for.

fasten yr seat belt .....happy trading/investing .....happy Tihar !!!!