Opex In Play

Options expiration forces are going to be at work for the next couple of days so we should see some good pin action.  A move down to ES 1220 would do the most to kill the call premium.   The dollar is strengthening with gold weakening.  The market is shrugging it off well so there is underlying strength in this market.  Sentiment indicators are not working well right now, I guess everyone is waiting for Santa to provide higher prices in everyone's stockings.  I am expecting early weakness tomorrow.