(for details pls visit www.OptionPundit.net)
We are only few points away from Aug 16th lows. FOMC’s Oct 30-31st meeting minutes will out soon and that will pretty much decide fate of the markets. Dow staged another fake rally and now is really struggling to keep-up with the 13K. As I have been mentioning earlier, if DOW breaks Aug’s low (on close) I am out of the ways of the bears.
Waiting for minutes, Profitable trading, OP