Starting it off.

It dropped off the TL, then went over the TL, dropped back, and is now exploding. Same old, over and over again. Now deep into the resistance layer. It does look poised to switch to aggressive buy mode into the close, but who knows, maybe it will just keep doing more traps.

The best area if this can clear the 'layered resistance' is in the low 30's. I would be quite happy with that from a long perspective, given how poor the moves have been.

Of course watch the bearish ABCD level here, with an ABCD in the BC leg, at the layered resistance, just in case that's the game. But I doubt it...

It sure 'sees' this primo area. But, I am expecting a completely predictable standard pullback right to the expected area, then more grind up. Let's see.

I would think at this point their goal is to just get the ES into the green.

BTW, that's another new all-time high, again, for one of my favorites, AZO. Get in the zone... Auto Zone.

How funny, though, the day ends right in the area I posted early on. I didn't see any massive rise into the close, or any more selling, and that held true. I am a bit surprised it did end up at the HOD, though. All in all a very technical day, with lots of games, and many potential opportunities. As it has been for two weeks now, great patience is needed. The potential was there, though, I feel.

They pumped it to 28.00 right around the cash close. I wonder if they will be able to exceed that by 3 more ticks and get it green. I can't imagine they don't want that real bad.

There's lots of time, plus the extra half-hour on the reopen. That low 30's is a great spot. I wonder...

Down and Nazzie both settled green, S&P less than a point from green. I think the ES will achieve green.

Pound spot is 70 pips down from yesterday HOD.