A very bad day for long-term investors (401ks, pension funds, IRAs) with the S&P breaking below 700. My schedule on Monday's is typically too jam packed to even trade on the Sim, but I managed to eek out a +4.75 point net gain by taking a few 1-2 pt quick gains (mostly to the Long side). So now we have another open gap from 733.00.
Open Gap at 733.00
ES Market Balance (5-min Day Session)
I won't be tracking the TF charts for now since I'm not actively trading the TF (Mini-Russel).