The Saudis really stuck it to the Russians and Global markets at large.   Although it will be nice to fill up my Sequoia for under $60.   

I closed out the trade on the $ES.  I still have 4 contracts open on the $MES (micro $ES).  I will keep that open for the week,. 

Agreed.   I am only playing one contract at a time.  

Today is where we make money.   Blood in the streets.  

Anyone like COE? China online education?  Green candle today. 

 i agree.  But something tells me we close above the lows today.   The volatility swings are still something to reckon with.   

I have an ending diagonal (C) on the 30 min $ES from this am's low.  See where she closes.  Could end up being a nice short term bottom today, have to evaluate near the close.   

2777. closed 2810.

$ES long entry. Stop at this am low. 

Anything is possible.  Right now it is a jump ball see where it lands.  

Gap down in the morning to these levels on the cash market, then see if the Fed intervenes with some type of QE.    

We are almost there.  

2847-2837.   Time for a break.  

We just hit "X". 

I would like to see 2880 hit then fail for another good entry.  

$ES sold short at 2860.  covered 2835.   Quick in and out. 

TLT - First first  target met. 

Great information and very useful.  Thank you for posting this. 

Agreed.  Like taking a road trip and putting your destination into "WAZE".   There might be some road closures, accidents, traffic, etc.. along the way and you get rerouted.  

$SPX - This is my personal forecast and not to use as trading advice.  The market doesn't move in linear fashion so I have some squiggles for pullbacks and head fakes a long the way.  My personal opinion is that everyone is so negative and in "doomsday" mode, and thinking the sky is falling.  Even in bear markets there are counter trend rallies.    I believe we get to a wave 4 down but not straight down.