Futures completely reversed this morning. SPY is making new lows pre market and should test the weekly lows soon. I think the markets will be finishing near the lows for the week, which will lead us lower into September.
S&P finished well below the daily 100 ma today. Still bearish going into next week and September.
Even though I'm bearish on the markets I'm going to be going long on GT tomorrow. Lots of bullish flow into the options lately and it's breaking out. Hasn't been affected by the recent market...