1:00 - SPX 15m possible wedge.
12:44 - Minis 5m wedge possibility. This is the only thing I could find other than one obscure data point for support here.
12:09 - Minis 1m -
11:35 - EUR/USD - looks like this is the correlation pair to me with AUD/JPY not cooperating right now (which may be a signal in ts self). 61% retrace of the fall from 51. Resistance at .38. C=A at 40.5. At top of channel. Overbought on daily indicators. Time for another 5 down me thinks. .06 would be the target. I guess TA says things are about to really start sucking.
11:30 - Gold - only 35 off the top TODAY
9:55 - SPX charts - 60m view of all the gaps and the whole wedge. Thick red is the upper bear market TL and the thick blue is the Oct '09 S/R diagonal.
SPX 10m -
Minis chart - 30m Regulars should know what all the lines are. If not
Pink Dashed - was bear market resistance from the top in '07 over the April top.
Blue dashed - is the Oct '09 S/R diagonal
Gray dashed is NT support line (busted and backtested this AM)
Orange is 30m 200ema
Green dashed is the possible new wedge support if it was lowered and price is not backtesting the wedge support diagonal at this time.
Pink diagonal is the S/R for recent lows off of the 9/6 high down near 1128. This is the biggie to me.
Morning post -
This is stupid.
Minis up 3.75 backtesting the diagonal support from Tuesday's lows at 1159. Uh...about to set a new high.
Woops - they set a new high.
62.87 is the BIG wedge off the 1040 lows backtest (again) and the apex of the wedge is just above as well.
You gotta love the promise of QE II! Who gives a shit if everything is a lie. Fucking buy it up!
