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I agree, the bulls are too strong here.  I see about 1210 spx or so tomorrow, and then roll over for a move down.

Either way red I still see higher prices in the near term 1205 and higher maybe tomorrow thru friday. I am wanting to short for some kind of pull back. Have not yet.

We are putting in a nice H&S pattern on the short term charts right now, which again tells me that we should rollover tomorrow.  It’s looking more like it’s going to be a wave 3 inside the final 5th wave down, as opposed to a B wave down with C up to go.

We also have a full moon on the 12th and we should be putting in a bottom within 2-3 days after it… according to AstroCycle.net (and I have to say that’s it’s been pretty accurate over the last several months, only being off a few times).

What’s the calibrator saying now?  Shark pointed out (in the chatroom on my SMB’s site) that B down could have happened at the close yesterday when we sold off to the 1150-1155 spx area.  That would mean that today is C up, which would end this wave 2 up inside the larger 5th wave down.

Nah, its just one sixth.   I love scaling in anyways.  But thanks for the headsup.

looks like the market is trying to squeeze every short out of the market and suck in the bulls. I have no sympathy for people on Wall Street when everything goes down the tubes…By the way, Atilla tweeted “Wait for hedge-fund blow up news before buying stocks”   Just saying