I thought I might try something different here, and see how it goes. It's quite difficult for me to post a lot to the various topics, especially with charts, since the method I use for posting charts is very cumbersome. Some charts can take me a half hour or more to put together. Since the charts I use for posting are not my 'working' charts, this work is duplicative.

I have various ideas and thoughts here and there about different things, and if I have a 'central clearing area' where I can just put out a sentence or two, pointing to something without doing the work, the members can do what assessment and analysis they want with the ideas, and post charts if they want, preferably to the respective areas they have for that topic. This way it would leave this topic more 'clean'. If you have a question or comment on what I was pointing out you could post that in here.

Let me know if you have any thoughts on this, or anything you think would be helpful/useful. Keep in mind I am not going to just tell you all my best setups in advance, especially if I plan to trade them, as that is not 'what I do' in here, or anywhere. I want to point out things that may need some work, and might go unnoticed otherwise, or are just of interest.

The DX is getting near my most key area in the 76's, just as the indices are getting to key areas, as shown by M and roofer just now in their posts. Although it seems a near impossibility that this thing could even check back a few points, it's a bigger seeming impossibility in my opinion that the DX could drop as we approach 0% bulls. That's the most 'oversold' I may have seen anything in my entire career. If the DX bounces, the market falls, end of story, unless they can decouple the highest correlated relationship I have seen in my career. This will be interesting, as the panic to bail that should ensue if this thing actually does pull back more than a few points should be fun to watch.

Finally getting a tiny little bit of selling...

Time for the MRRD's to show up.

Six whole ES points check back, they are slipping, they need to get going on this.

Another nice little dip to buy, and up we go. How could it be any easier? We will regret the day this all ends when we look back at how easy this all was. We may hate it for the country, but for trading, how easy is it when you know ahead of time which way the market is going to go???

jim can i ask what is the mrrds never heard that expression before

Nick,

It's in the KT Terminology section, please check there.

Another easy pop into the close. It's so much better when you know which way they will take it. This strong explosion fits my criteria for close some right before 16:15 and hold some into GLOBEX, in case.

Let's see if it throws another 3-5 points at me before that 16:15.

For those that care, 98.75 was my trigger on this pop up, off the DP retest and key line area.

I think the second chart is particularly telling. I agree with the conclusion, this market is nothing more than Euro-yen carry trade on, Euro-yen carry trade off. No balance, no participation, no depth, as I discussed in my last monthly commentary, just leverage/deleverage, risk on/risk off, and that's it. Skynet is totally sentient. How long, like in the movie, until the machines decide to vaporize the useless humans?

http://www.zerohedge.com/article/tale-two-decouplings