SPDR S&P 500 (SPY)

[imiloa]

imo, with the econ news, and the initial market reaction to it,
amid a generally weak week,
today will be a litmus test of the resolve of the casino
to continue to prop up the markets.

if we see another slide start, like end of aug,
with no bot rallying/support
that will suggest they have capitulated for now.
and the bottom could fall out for a few days.

if we see a strong inexplicable rally, like oct 2, 2015,
we know they still want to prop the market up a while longer.