Starting it off.

But, this is a key area, so I expect either a grind up in the overnight, or some 'news' to pop it. If not, as I said, swoooooosh.

So, an analyst on bubblevision just now said Dragh-Queen will do tomorrow what he always does, over-deliver. Really? I guess I have the wrong impression of him. So, as I said, the market is pricing in an over-delivery tomorrow...

Well, that key area there sure is well-tested at this point.

Funny (in a sick, twisted sort of way).

http://www.zerohedge.com/news/2015-12-02/charting-feds-devotion-american-people

Here's a headline, and a line in the article:

"Mario Draghi May "Under-Deliver" Tomorrow, MNI Warns"

"If Draghi does relent, the EURUSD can soar as high as 1.09 tomorrow..."

The first is as I suspect, the second, well, holy cow, that would

a) sure be something, and

b) sure would suck


http://www.zerohedge.com/news/2015-12-02/mario-draghi-may-under-deliver-tomorrow-mni-warns

Notice anything interesting about today? 30.00 points high to low. Sure 30+ is 'the norm', not exactly 30.00, but you get the point. Totally random, right?

It may not make a bit of a difference in what I do tomorrow on very-short-term trades, but it sure matters in my overall assessment, and in anything longer term than a quicky trade that I am looking at. I love this kind of stuff. It's all the stuff like this I post that has guided me to what I think were good reads on all the major tops and bottoms, in my opinion (in combination with the usual KT technical analysis, of course).

http://www.zerohedge.com/news/2015-12-02/timing-drop-equities-peak-12-18-months-after-peak-margins-we-are-now-15-months-after

Es wanst to get to high 50s.

The best scenario would be hitting the previous low at 65 and come back to 80 before the final move to 60. But that's one of many possibilities.

Not seeing the expected follow through on the scalp. Sometimes patience is needed. I'd like to see this moving more in here, though. There isn't time to sit through a shakeout, and one shouldn't be needed if they want to close it on the high tick of the day.