Danger Zone

Out along the edges
Always where I burn to be
The further on the edge
The hotter the intensity
--Kenny Loggins

Currently the uptrend line in place since early 2016 and the 200 period moving average coincide with the fast approaching SPX 2500-2550 zone, which reinforces the thought that bulls will dig in their heels to defend this turf if/when.

Continue to sense, however, that if they close heavy today, chances of a real bloodbath early next week go up.

position in SPX