We've basically been mired in a 3 month trading channel. We've had plenty of drama the last few months, but the moves haven't been that dramatic. Perhaps the JPM report tomorrow will help ignite another leg down? Could the China data out tonight help assuage growth fears? Have we seen the highs for the year already? We certainly are in very interesting times for the stock market.
This is my video covering the $SPY and my opinion about where the market is headed tomorrow and beyond.