R.C. Market Report 11.17

• Tomorrow's Forecast: Farewell Bears

• Market traded on low volume today. Therefore, neither direction showed true dominance. The Bears did claim the final tape but having a down day on low volume can be a bullish sign for a longer term outlook.

• Tomorrow: I expect sell off to continue but I wouldn't get too comfortable holding Puts. I believe the next rally is right around the corner but I don't know when it'll show up. I certainly do not want to get caught in that rally holding Puts or be without Calls. So I'll be on guard tomorrow and wednesday.