Starting it off. I'm expecting another insane week, as we sit on the edge of the whole house of cards giving way. This year, and the next say five years, are still going to be remembered a thousand years from now, I believe.

The shakeout might be done, and it's ready to go now. It may just chop for the remainder of the session, although I can't really see that. And selling, well, that seems even less likely, especially since it is looking horribly weak right now. That tells me it may be ready to launch.

Interesting. This would be the last chance bounce point, in my opinion, this TL here. Otherwise, selling, or horrible chop is likely.

It's really interesting, right after Dragh Queen started bigger QE than expected, then thirty hours later one of his minions is already talking about QE2!, and the market is just a narrow range chop fest all day. Very curious, indeed.

It would not be technically very good for the bulls if this started some serious selling from this spot. It would be very possible that that monster swing-high test might be a bearish 'W2', and it can get back to selling. Hey, we all expect new all-time highs, right? But maybe all this European QE could be a big sell the news event. After all, the world is falling apart, and we may have a Grexit soon, so big selling could make sense.

I thought a small short shot in there was a worthwhile shot.

The idea is, if it doesn't follow through, bail out immediately.

At this point there would be 'cushion', so it's positioned fantastically now.

If it's going to bounce, this would be the spot here.

Steady and calm, keep cool, let it breathe... (not advice, what I'm thinking). I think it's done, but I want to see, in case.

I still can't imagine a Friday close without a final rush up. Since the machine are programmed for this in all expect vicious selling days, I don't see how they will be turned off.

It's now at an ABCD in a KZ. We'll see.