DaBoyz did a credible job keeping shorts on the hook all night, and now the pay-off looks like it will achieve at least 1067.00 (basis the September E-Mini S&P) in the opening hour. That would just about recoup Friday’s losses — and then the same stupid game can start all over again as the pre-holiday week draws to a close. Seasonality will be on bulls’ side — as when is it not? — so my bias into Labor Day will remain mildly bullish.
