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I too like your charts San… keep up the good work.

Also, go into your disqus account and make your name a “click-able” link to your website…. like mine is. It will get you more traffic, for those times when you are simply commenting on someone's site, and don't post a link. People will click on your name sometimes and check out your website.

new lows – GS. We are getting near that 135 level.

Thank u

alright – think I have changed my mind. We have treasury auctions today, tomorrow and Thursday which should correspond to weakness in the market.

Thanks Anoopsan. I like your charts.

for sp500 below 1048 is the place for bulls to exit

Does the same apply to the spx and spy? Looks like a truncated C wave if it doesn't get above the A wave high.

OK – so there are auctions today tomorrow and Thursday so maybe we won't rally until after the auctions.

I completely agree. I think that is my line in the sand.

I don't think that one matters but we do have the 30 year bond auction on Thusrday. But, we had the 3 year note today so I don't know which one is the important one. European markets closed down.