Three Day View

The three day view of the S&P 500 pretty much sums up the situation:

Much like what we saw last week, we continue to chop around with the programs defending every intraday low making absolutely sure that we don't set a lower low even on an intraday time-frame. In fact, we never really fully tested S&P 1102. In addition you may also note that we closed at S&P 1109 which is the same exact level we finished up on Monday. While all of these levels will prove irrelevant when we see a big breakout, it is still enough to put on the radar for the time being.

Read more of my after-hours report.