I have to start the topic again? C'mon, let's get some volunteers in here. Okay, Sunday night showtime, let's roll.

what really happened at the low - spy made new low, iwm never hit 886 - hmmm

I thought it may go fast, so I made sure I grabbed a copy before it went...

Originally posted by roofer

picture is gone at joed's

that low needs to hold



here too

Cool charts, rat.

"Beauty and Simplicity in the Markets" BUY, and a Kane 4PCP completing at 0.447 fibo SELL.

Good Trading,

Al Kamego

Looks like commodities bulls gave up already, but not those in ES:

I don't know about anyone else, but as roofer says, 'I'm all in' on the ES. This rolled over right into my next key area on the higher timeframe (look at rat's SPY charts, too) and went nuts straight up. Yes, now it has bounced up to a key area, and we'll see if it's an area to sell in a new downtrend. Personally, I hope so. But the stock market is now up on such a brutal, brutal 'risk off' day. I think they barely sold stocks in this monster crush, and that's a clue.

It was rather curious how this sold all night dead off the first area I dicussed in my last post. All that nice work, but the 'risk off' was coming, and it wasn't time for it to go up yet. Maybe it's not ready now. The moves are so big it is 'easy' to play them both ways short-term.

I've been intermediate-term on the put side for some time, so I do hope it gets pummeled to the downside. But, I still am not convinced that time is here. I see enough odds that I think the put side is a good bet, but I have very low expectations on that one. It's more an 'in case' type of play. Just some thoughts.

I mention being at a key area, and by the time I finish my post and put it up, jarek already has a chart up showing the area.

I think it may want the next level at 48, though.

48, then 50.50ish. But, it seems to want to come in off this area, so time to see if it's a little checkback to push up the next leg, or a major rollover.

Watch this 42 for clues.

WOW - Jim "all in". That's a novelty

jarek,

Very impressive work!

Good Trading,

Al Kamego