At least we have a Sunday session to work with... Given the run up into the aftermarket close on Friday and the 'news' that the joint Israeli/US military exercise will be postponed, the market could really gap and run. On the other hand, we are hitting into a super-key area for the intermediate-term, and if the 'top' is in, this is an area it really should roll down off of. I think we are at a crucial time/area. I'm looking forward to this week.

1302.50 was the high. I'd say that was within this broader area I was watching. It triggered nicely. Just had to wait for the price action clues that it was done. But, again, will it sustain? The way they are holding this RTH low makes it clear to me they are playing games with it. I still think the higher area I mentioned would be technically better for a final 'top'. Hopefully they'll let it go' in here right now. Then we might get some real downside (for a day or two...).

It's funny how they are 'artificially' holding this low, when 91.00-91.75 would be a technically much better low.

And okay, I'll concede, the range of key lines is from here to that slightly lower area, so yes, it may just be feeling the influence from that.

Nice chart rat.

Al Kamego

How odd. joed posts on his blog that there will be no updates until March 1, check back then. That was up yesterday. Now I see he pulled that and made six more posts!

BTW, the inability for the ES to move up here at all is noteworthy. Unless the programs kick in soon I'd suspect it could be quite vulnerable.

maybe march came early this year?

Hmmm, 2 point range for well over an hour, and a 4 point range now for almost four hours, and a 6.50 point range since the open. Exciting. And boy are they holding that LOD. Idiots.

And now here comes the results of the 'artificial' support?

It couldn't reach for the level I was watching, that will have to wait for Sunday night GLOBEX, but it did set the new high for the entire move by one tick! These guys, they are so funny. See ya all Sunday.