– Danny Rileys Mr Top Step talks about how the BEAR / BULL sentiment is still firmly in the BEARs camp and back to levels not seen since Aug 2010 when Mr Top Step came out saying there was going to be a big rally in the S&Ps. Riley says things are different now and that the overall tone is still down. Riley put up a chart to show how the SPZ cant seem to get above 1220.00 and is not able to stay under 1120.00 that the range has been compacted. Riley also talks about how the SPZ traded down to 1135.00 this morning, down 23 handles, rallied and then sold off again and was trading 1137.00 as he was doing the video at 10:00 CT. Riley say the question is if the Mutual Funds have any cash left to mark up stock on the last day of the 3rd quarter.http://twitter.com/mrtopstep
**Filmed on the trading floor at the CME Group. Produced by Mr Top Step Productions.