I'll start the topic for this week with this:

http://www.zerohedge.com/news/2013-04-12/eight-wtf-divergences

I'm expecting some great action, and always on the lookout for the 'top' to be in place. Here, early summer in the 1600's, year end at 2000, who knows. But I suspect it will be one of them. Maybe not. I'll just be reading the clues and finding the setups. That's what I do best, I think...

The gold thing may not be a warning sign of trouble, but then again, maybe it is...

http://www.zerohedge.com/news/2013-04-15/golds-vix-term-structure-most-inverted-lehman

BTW, gold broke down again at the ES close. 1335. Hard to believe gold was $229 higher on Friday!

ES still selling hard on the reopen. 41.25. Wow.

Now, keeping this in mind, every time I say something like this it is almost always at the exact spot it reverses. So, I am expecting that is it right there. Right now it's done. Here it is: This is probing below the key area, and it is set up for a serious flash crash type event. We may see the ES down 100-200 points in a 'flash'. Something is up. Something looks about to happen.

ES 38.75, now well below the key area.

35 is the obvious TL, and hits with another old line from way back right there. So, there is something here, something, though, that everyone sees. Once that goes, there is nothing until the Feb lows.

It is giving that look like they sold it out there. Time to bounce.

March key swing low is at 29.50. Another key line is at say 31. My other stuff I mentioned is at 35. This is what they have to defend. We may be as close to all that now as it will get.

ES really popping. I can't imagine this not going up big here. They know it will crash if they don't step up here.

Watch crude as it nears the Nov low.

Let's hope it is different this time!

Originally posted by roofer

OFF TOPIC-since 1988, in 22 of the 24 springs, i have had crippling back blowouts where i can not walk for a few weeks( in one of the two that it did not happen, i broke my back!)always in the first cold spell after the first warm up.... that is tomorrow...i shall see.....