No happy ending in the Osama Bin Laden story – unless you are a victim of the terror he led while on this earth. Many folks fall into that camp (like 380 million in the US).
I was unsure how the stock market would react today given the multitude of emotions that are felt towards OBL. Now that we have the day in the books, it is likely easier to evaluate where we go from here.
I did have a light plan of attack (pun intended) for today with a focus on fading any move that did occur out of the gate. Now I will spend some time revisiting a lot of the charts I posted over the weekend – and today – to see what stands out.
Now when I mention an indicator is down with the Titanic, you can visualize that OBL is down there too.