Beginning of this week may be really exciting given election results in Greece and France.

The 0.886 fibo on the 5 min SPY RTH is a "stretch, imho. But I cannot argue against the huge price reaction up at the open on the ES 89 tick (all sessions)chart.

Al Kamego

Chart.

Al Kamego

They sure are acting like they want to give all that insane manipulation ramp off the open back before the close. I'd think they'd pick it up anywhere in here, but it just keeps acting like the only thing that will satisfy them is to give all of it back. We'll see.

I'm just 'guessing', but I think the odds are about 99% this will drop all the way to the close, and maybe the SPY will continue to drop after the futures close. This really seems odd to me, very unlikely, but the price action is screaming for it...

I think those odds just jumped from 99% to 99.9999%. These aren't actual odds, I'm just playing, but you get the idea. This is as sure of a 'ride until close', to me, as I have ever seen. Just an opinion. It blows my mind, but it sure looks like it...

They sure did turn the machines off at the HOD, didn't they? What a different market it is without government manipulation.

And they did, indeed, sell all the way to the close. Let's see if we get a nice acceleration into the after-cash. And then maybe some additional follow through in the SPY. Can't say I don't love this a whole bunch. Note that this is now in the GZ. That could, possibly, stop this from any further drop.

Okay, the SPY just set a new low for the move, exactly as I thought.