Traction was maintained after the early post-Microsoft (related) selloff. This was nonsense and I anticipated a full S&P recovery. We got it.

Watching paint dry is what Tuesday's trading appeared like, but it's not so simple really. It's so bifurcated (Techs up, Industrials down), that I smell a Wednesday rebound.

Volatile post-Expiration trading hasn't resolved technically. Nevertheless, we continue to envision an intraweek rebound; although coming at a perfectly measured 'spot' of ~S&P 3800; it's a bit formulaic.

As Tesla has dropped 60%, the smaller electric car manufacturers are verging on disappearing.

Most market participants failed to correlate the biggest of all influencers on markets; the price of Oil and to a slightly lesser (but important) extent, the movement or strength in the Dollar.