Just getting ready... Champing at the bit...

The key level coming up is 39.75-42.00, so we'll see there. Above it sits another level from say 44.25-45.25. So, it's up against it in here.

Is that a lower high on the 1-min?

It sure was...

34.75 here is the first area to watch. If they are still strong this is where they'll hit it to the upside, in my experience.

33.75-34.75, but it should be done at 34.75 already if it's really strong. It's acting weak. Hmmmm.

I just looked at the members page here for mypivots. On the first page for latest visitors there are ten members, and eight are from the crew in here!

And so far they are anything but strong.

32.00-.75 is the next level to watch, but I'm hoping for new lows. This will likely be it, though.

32.75. This reaction should follow through. If not I'll be quite surprised.

This should now be heading for 41-42, although a nominal new HOD might be all it intends by the close. We'll see. Oops, look at it pop. Okay, I'll start looking for the higher levels...

Maybe this is very close (I think it might be), and maybe it's not even in the ballpark. One thing I do think is if this isn't how it unfolds, it will be some other scenario equally vile. Sorry. I can't believe my 'golden years' as I near 'retirement' are going to be spent like this...

http://www.zerohedge.com/news/2013-08-31/guest-post-what-expect-during-next-stage-collapse