Red

I stopped out at 8.29

In TNA at the moment.

$RUT : IWM daily update
http://www.flickr.com/photos/47091634@N04/44034…

IWM 65.70 is the next opportunity for a reaction

Earl, GM thinking about putting a stop on my tza at 8.22.

Thanks for the update Sundancer.

$SPX 60 min update
http://www.flickr.com/photos/47091634@N04/44034…

the reaction yesterday afternoon backtested an important trendline

market is getting heavy

important gaps this morning:

IWM gapped over it's January highs

$SPX index had an opening gap

lol it is, the first major reaction on the road to $SPX 733.22 will come from the $SPX 965.95 region.

I don't have any numbers for the wilshire but it syncs well with the $SPX

But isn't this a chart of the Wilshire?

From Carl just now:

March S&P E-mini Futures: Today's range estimate is 1116-1130. I expect the market to reach 1200 over the next three months.

From here (1119.75), thats -3.75 to +10.25

Carl owns one unit of /ES at 1098.50 (+21.25) since last Friday

that's not a misprint

the terminal de-leverage pt. for the $SPX is 733.22 which correlates well with the $DJI 7,400 range on the $DJI

File that one away, the market will be to these numbers before the summer solstice of 2011.