Green Light!

Got a short today at 180.56 with a stop at 181.07.  We broke our extensions long so I think we will have some down side here.  We got a lower low off of yesterdays low.  A little strange but still a valid short. Stick to the rules. Trade what you see not what you think.  The large traders are hedging there portfolios for the Feb meeting next week.  If Fed stops tapering the volume will come back into the market.  If the Feb keep tapering then we will be in a grind up.

Option traders we got a March put Long, at 6.29 with a stop at 5.87