The Lord’s Prayer
Our Father, who art in heaven, hallowed be thy name. Thy Kingdom come, Thy Will be done, on earth as it is in heaven. Give us this day our daily bread and forgive us our trespasses, as we forgive those who trespass against us. And lead us not into temptation, but deliver us from evil. Amen.
9:02 am
Good Morning!
SPX extended to 5703.00 before beginning a reversal yesterday afternoon. It may now decline for the next two days to a new low approaching the 1987 trendline near 5450.00. From there another bounce may develop going into options expiration on Friday. Contrary to popular opinion, the decline is far from over. The SPX is due to decline beneath the 1987 trendline next week.