Market in hyperdrive

Will the bulls get tired? Option Expiration week can have a buy bias & it certaily has this week. The computer buy programs have been at a zenith level. However, there has been so much power put into this move up over the last three days, that it may not have much energy left. This resembles an exhaustion gap up move. When the "buy at any price" crew leaves, the correction is usually sharp and very unpleasant. Thus, we are closely monitoring the situation for a short entry that will most likely present itself over the next few days.