Well…finally panick is settling in.
Since the August low I wrote there is more to come. The close of 1867 (SP500) dis not have the shape of a major botttom – so it had to close the position.
In order to close it needs another close in the area 1780/1880.
So we are close.
Ps. the reality is also that Monday is Martin L. King holiday (US) so lots of traders would close positions in this market.
investorpolitico 