I would agree we might very well have a Syria event this week end, Outwardly one would think this would cause a more substantial retrace to at least below the 1600---and it very well may happen.
However, I noticed some interesting trade action the last minute the market was open today. There were 9246 futures contracts on the RUT traded in the last 5 minutes---largest volume spike in the past twenty days---and it was a green bar, hence buying. Half of that volume came in the last minute alone--green, about half a billion dollars in less than a minute of buys.
In addition, if you pick any high liquidity ETF, of the DOW, SPX, NDX ---they also all had a green final minute with a huge buying volume spike.
In the past when there has been similar---though negative type trade action in futures, it preceded a gap down on 8/15. No guarantees of course that today's EOD action precludes a potential a gap and go trade for Tuesday.
thanks for that information I added more HIG today and am back to almost a full position for me. I sold all original holding at 31.8 and day traded since then picking up almost $3k from day trading, not counting the $35k i saved by not holding. but expecting this to rally back above 30 next week.