MDA - Market Direction Analysis

[RCKS]

Nice Call LG
This being Expiration week maybe the MM's did not care to make a whole lot of Out-of-Money Calls happy.
I see us retracing at least part of this drop sometime tomorrow, if we do not drop much more from here my target for the bounce would be 1940 on the Compx.

But following a bounce relieving the short term oversold conditions I think we test the lows from last week by early next week.

steve