the last little gap really bothers me. if gap up tomorrow, could be a short entry point. I probably will wait after 10:30 tomorrow morning to think about short.
Standard & Poor's, for one, is predicting that its benchmark index, the S&P 500 [.SPX 1299.29 2.66 (+0.21%) ], is likely to drop up to 10 percent in the next two weeks, based on a variety of factors both technical and fundamental. It is boldest forecast yet from a leading firm that the current market is overheated.