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No-mans land.

GS closed in a real nowhere area. Thus for tomorrow, at the Open, it is a wait and see proposition. There are potentially two fairly likely possibilities;

*GS opens high, possibly gaps, and trades quite violently higher. I will then be looking to get SHORT at resistance.

*GS trades down, and again quite violently, setting up for a LONG off support.

Both scenario’s involve staying out of the initial indecision of the OPEN and waiting for an opportunity to set-up. GS will be heavily influenced by the general market tomorrow, and both will react to the news and perceptions, thus it will be quite volatile in the early morning.

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