September 16, 2010

Morning Post, SPX, S&P 500, e-mini

RIP Smokey the cat - Just got a call that Smokey had to be put to sleep today. We knew this was coming. Old age caught up with him. He was a cool cat.



2:00 - This is NOT NORMAL!!!!!!!!!!!!!


Not investigating if it is related to the oil spill?  Thanks Rich.


11:28 - SPX 60m - I'm looking for the BOOM moment.
April top
Current top -


8:23 - Really no material change to the minis chart below, but that all could change in about 7 minutes. 

DXY - HnS leading to that long term 74 support level. Weekly indicators driving down as well. FX traders need to be careful as with the JPY it could possibly get there faster than they can react.

Same chart as the past few days - NAHHHH, just kidding, well it is the same chart, it just does not look any different. Minis actually down more than 2 at this time, but we got 9 hours to solve that problem. Hey Ben, little help here...

Wedge is cracked and resistance is holding. Dig that 60m MACD flat lined, makes my job easy (not really, just saying that).
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