Here are two interesting long term charts of main indexes:






Isn't it amazing that what seemed to be a disorganized collapse reversed dramatically exactly where it should according to geometry??

And that's why I said I felt the trades were technically valid, despite them being reversed.

Nice little pop in the futures. As I said, we need some up time now.

Okay, you all saw the pattern at the low there for an entry, right? And that little .382 pullback at a key line there? I have some things in the 42-45 area next, I think it will try to get there ASAP. Of course, it has to overcome all that lateral resistance, the 'overhead supply' right above here, but they are giddy with excitement, that shouldn't be a problem for them, eh?

Okay, right up to the lateral area and looking strong. My 42-45 area soon? Or will this stop it for awhile? Trigger was at 24 on that awesome pattern setup. Up eight from that point so far. Not bad even if that's the high, but I think it has a long ways to go overnight and into tomorrow. We'll see. I'd think they want at least back to the price flow, and that's just over 50, or to the lateral, broken support area around 80-85. I suspect they want at least that 80-85 area. Imagine how many that could suck in. The 60-70 congestion is also interesting.

Ooh, check that drop off the lateral resistance area. Right back to a key line area. Let's see what they have in mind. Did that give them the healthy correction they need to gun this up now?

I just heard the EU bailout just jumped from $645B to $928B. Hmmm, this should be up more with another trillion to gun it...

Right back to my line to the tick! Then a 4.50 point push off that! This is trading as good or better than most days at their best time. Wow! And I'm alone in here...

On another note, and I know I'm a broken record, I think the new almost trillion $ package basically seals the fate of the market, currencies, and the world. It's over...

(I'm not saying there won't be many more, and much bigger packages to come, with the subsequent rallies that this liquidity will go in to, but this is showing just how bad it is, and how they will keep this up until the entire planet is in cinders.)

I rather suspect I'll have my 42-45 area shortly. My time factor says perhaps within even 15 minutes. Surely within an hour if that plays out. Then we can see for tomorrow where they plan to move it. I'd actually not like it if they hit the 80 area tomorrow (up 75 on the day!), even though I'm long side bias right now. I'd prefer a little bit more healthy of a move. But, being illiquid in the overnight now and a bit stretched at up about 30 from the close, I'm 'jumpy' in here right now, and anything, even a vicious rollover, is possible.

ride 'em cowboy jim!!! and while your at it can you make sure my short in gld works out!

You know, I think when they figure out that they just printed up another trillion, plus opened swap lines, and then they see this contagion is not at all contained, I think gold is going to explode up. I'm staying long side, but that's a bigger trend than your quicky short here. I'm just saying, be nimble in case it turns on you.

geometry...

fyi, i took a portion of trade off at line from set... but i kept a portion on with wide stop equal to profit....we shall see...