Well the SPY's performance last night shows that it is really going to go for a final bloodbath to end the year with. As predicted, the SPY opened and closed very near with less than ten cents as the difference.
This is marred by a huge dip piercing into the Kumo (Cloud) and then it recovered. This is just indicative of a huge indecision, and from the looks of it, it looks like it is gonna go down tonight. Possibly so far down that the Kijun Sen might cross the Tenkan Sen and predict a huge downward trend for 2013!
It doesn't look good from where I am sitting. Sit tight and cut loss if you sold put spreads! If you're not invested, good for you, and enjoy the bloodbath tonight! :)
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