It's that time of month again, when the option players are gamed by the broker dealers and the hedge funds.
Volumes are light, and the market is range bound.
It needs to break out decisively from the area of resistance, otherwise the formation of a distribution top starts to look compelling.
“A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. For the traitor appears not a traitor; he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murderer is less to fear. The traitor is the plague.” Marcus Tullius Cicero