ESH13 – March E-Mini S&P (Last:1651.00)

The rampage that I’d said could end the week is looking more like a quiet consolidation in the wee hours of Friday morning.  This is understandable, given the dour economic news that has crossed the tape in the last two days.  It’s also par for the course that the onslaught of bad news seems incapable of generating any real selling, only a shallow correction.  I doubt that stocks will take off today, but camouflageurs should keep ‘turnaround Tuesday’ well in mind if the goal ahead of the next surge.