4:10 - Minis HnS
3:20 - SPX channel down? Hard to believe it could be true, but it looks good so far.
1:24 - How about a massive HnS on the minis?
12:17 - SPX 10m - possible HnS after the fall. Neckline at 36. The lower red dashed line was expected support I mentioned at 28 and the upper dashed black line is the mega diagonal going back to Oct '09. A RS down to 31.5 would be interesting. This is only a possibility. As a corrective this looks a bit extended which concerns me.
Nasty. 60m minis. Fell right to 17. That was quick. Weren't we just at 44 ? 60m chart that has busted the wedge, channel, 200ma, lower VWAP band and lower BB. I mentioned yesterday that the bulls had built a ton of support, well the bears have busted thru the front lines. That is one serious move. Yesterday I wanted a move to SPX 1116 200dma. and then reassess. This should be a tough nut to crack. If it should go this could get really interesting.
