Indeed, there is an end of trend signal on 15-minute charts for /CL. The stop is under today's low, yet the trailing stop is still above the price. The signal is thus validated for an early entry :-)

James_Roe, thank you for answering. Could these charts be released about 30 minutes before the market close, please? I would like to avoid dealing with gaps.

The move off Wednesday lows so far appears corrective: https://stockcharts.com/h-sc/ui?s=$SPX&p=10&b=5&g=0&id=p03575787006&a=627027475&listNum=61&cmd=print. 5 waves up then 3 moves  or this whole move is an a-b-c up. Exceeding Thursday's high of 3965 weakens the bearish view.

For today, I expect to retest support on QQQ at 300.00 : https://stockcharts.com/h-sc/ui?s=QQQ&p=120&yr=0&mn=2&dy=25&id=p70488196468&a=1108121865&cmd=print  A positive close today will send the index higher into tomorrow.

if /GC breaks 1995, it will break a minor trendline to the downside.

Edit: it looks like a big entity is buying this drop. Perhaps, a couple of Central Banks while Fed is not participating. The whole thing could end up being a a huge stop run on longs.

the drop happened on very low lot size. Matt would described be as amateur selling.

The bear flag is playing out.. still no end of trend on /ES on this move to the downside.

What a cool system! Did you use candles or RSI oversold for an exit? And could this system trade automatically (I do not trust the TS to do automated trading on it)? Your stoch lines did not cross at the time of the exit.

I had the 3944 target yet I did not expect it to be hit before the day session. My exit signals came on 15-minute charts while you were using 1-hour.

3954 was a trendline support and a good target! I took profits earlier to go away from the computer. /ES is giving a lower high, supporting a bearish view into Wednesday so far.

3976 is a 61.8% retracement of the move down from Thursday high into the Friday's low. A good call there, Arun! The prices are on ESH23.

/CL (crude oil) had a high-lot buying on Friday near the lows on 15-minute charts, accompanied by exhaustion sell and a bullish divergence signal. $65 low needs to hold, otherwise the pattern is similar to wheat: a higher low is a buy.

Chicago wheat is a buy on a pullback. The major targets are 696 and 681, and two minor levels in between.

A cup and handle measures to about $3,100. The EW pattern gives about a $2,200 target (assuming wave 5 is 0.618 of wave 3), which is not too credible. 

Friday's pattern looks like a bear flag. One of my cycle indicators is pointing to a move lower to post the end of trend.

I am looking for a good place to short into the open tomorrow based on these factors.

rbreese, I already see good values among resource stocks. I posted about lithium double bottom. Chicago wheat  put a bottom last week. I am watching large oil producers to do the same.

I see bottoming signs in SBSW (platinum miner), while FCX (copper) will be a good trendline buy at $30, about 20% lower. Also lower for AA (Alcoa, aluminum).

Well, they _did_ well since the signals had been issued. That time has passed for those not in them. Will they continue to do well from here or the run of luck is over?

Steve's approach is not to pick bottoms, and I side with him on that.

In case you are not aware, monied interests with deep pockets are buying selected stocks of biggest tech companies to park their money there and without drawing much attention. Expect this activity to continue. The market is very bifurcated. Everything else might be being sold meanwhile.

He might be a bit early in that trade. Inflation trade is dead at the moment.

The market is very bifurcated now. Going long /NQ and short /ES or /RTY seems to be a way to make money while the Feb is sending billions to to big banks under the guise of bailouts.

LIT is forming a double bottom: https://stockcharts.com/h-sc/ui?s=LIT&p=D&yr=0&mn=8&dy=0&id=p23412704144&a=937782653&listNum=59. I am watching for a long entry.