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.
"In the Incarnation the whole human race recovers the dignity of the image of God. Thereafter, any attack, even on the least of men, is an attack on Christ, who took on the form of man, and in his own Person restored the image of God in all. Through our relationship with the Incarnation, we recover our true humanity, and at the same time are delivered from that perverse individualism which is the consequence of sin, and recover our solidarity with all mankind."
Dietrich Bonhoeffer