Monday’s tired action changed nothing in the immediate forecast. From a technical standpoint, it merely extended a B-C correction that is capable of launching a rally to 1404.00.  If you’re looking for a way to get long, I’d drop down to the three-minute chart when the ‘x’ trigger shown gets hit.  An alternative for night owls would be to attempt it on the 5-minute chart, were a promising abc uptrend was developing in subtle fashion arpund 5:45 p.m. EDT.  Want to learn how to do this stuff yourself? Click here for a free trial subscription to Rick’s Picks.