Calling the Bounce

By -

Last evening, a number of Slopers were calling for the dip late yesterday and into the evening to be short lived. For example:

So far that prediction seems sadly accurate!

It's been a very "do-nothing" day for me. My FAZ, which gapped higher, slithered lower, and I built up a new /ES short position as were were bouncing around 800. But by and large, nothing much is going on (except for responding to the surprising number of Sorry To See Slope Go emails I've received; it's no surprise that War of the Worlds was such a debacle back in the late 1930s!)