I'll kick it off.

It will be interesting to see, after all this shaking and snap ups, if they do sweep the lows. I'm not seeing it, I'm expecting the usual last 1-2 hours of chop, but we'll see. I'm not going to ask for too much, about 40 points of movement already is quite enough.

But it would be interesting, so I am mentioning it.

The 'obvious' thing here is that the ES would rise off this area. It may, indeed, happen, it just seems like chop is more likely, based on how they are playing that game lately.

Okay, they seem to be trying the sweep. Like I said, interesting.

Let's see if this mini sweep is it, since that's how they finish a move many times. I'd sure love if they could at least 1-2-tick game the LOD.

BTW, perhaps the upcoming war with Russia is going to be the kickoff for the collapse?

http://armstrongeconomics.com/2014/07/29/going-to-war-with-russia/

That's probably it for the down sweep. I just can't see them sweeping that LOD, as I said. I'd love it, but I just can't see it.

For my most recent students, did you see that new theory play out? Amazing, huh?

If a short-term trader told me he/she just got long there I'd say, well, I think you'll probably just get chopped up, but I can see how you chose the spot.

they're trying really hard, and can't crash it

I think this is a good overview of the situation. No solutions (since there really are none), nothing new, but a good synopsis.

http://www.zerohedge.com/news/2014-08-02/do-over-groupthink-mass-delusion-and-hell-pay