Here are some bullet points this afternoon of what I am seeing in the tape:
- I am still watching 1840 overhead on the S&P 500 Index.
- Dip-buyers continue to show up at yesterday’s lows (and Friday’s) on the S&P.
- We have yet to see a super-spike in fear or panic selling, which is often seen at tradable bottoms.
- A few short ideas I am watching bear flag here: AXP NKE TGT V
- The best-acting softs today: CORN SOYB WEAT