Market Update

 The Euro has been range bound, not sure it will give much more upside.

 The Dow still hasn't filled the gap and is showing some distribution here, it may still fill it, but that seems to be all the averages want to do, it's not risk on.

 The R2 k is showing the same.

 The Q's filled the gap but have been content to do nothing since, up .05% on the day.

And the SPY is showing the same.

Everyone is so use to the market filling gaps diligently, it may be worth a shot to short one of the averages, maybe the SPY with some puts with the intention of taking profits on the gap down we likely will see in the a.m., but I said "intention", because I think it is likely with everyone conditioned to the market filling the gap, that a trailing stop would make sense for 2 reasons, 1) the unexpected gap that doesn't fill, which would be a very bearish breakaway gap and 2) what I mentioned earlier about taking advantage of extremely high bullish sentiment while they still have it, as I suggested, that would probably mean a sharp move down and that fits with the break away gap theory.