I did a post a couple of weeks ago mentioning the risk of another 20 points more on the /ES. Here's the portion from that post:
Well, it seems that risk was very real; here's where we are at right now:
The line in the sand at 1125 is very important. If the market stabs through that zone between 1125 and 1150 – – well – – we've got some serious problems on our hands in bear-land!
