And the USD no one knows whether it should be worth something or close to nothing as precious metals are trying to tell us. but on the other hand all those treasury auctions going so well....something will have to break!!but if inflation wins what should happen to the markets from here??

I have been trying to have a clearer view of what's going on with the markets as they now seem ilogical, but will not seem so in a few weeks or months...my take is that the market is being the headquarters of this inflation/deflation debate...right now seems the odds are pending into the hipothesis of inflation rather than deflation...MATT/STEVE, any comments on that??

for me the only thing that does not look totally exausted yet is crude oil. on all the rest I think that there is  very little upside left

with this sell of in index futures, gold, oil and the dollar rallying, could this be the start of wave 3 down??

could it be that 5th wave is already completed??

Matt,

If this is still wave 3, do you envisage SPx to go to the 38.2 fib retracement at 0ne thousand and something upon completion of the 5th wave of this 1st wave up???

Matt or Steve,

If indexes reverse from here, having the NAS100 mde a new high and the others not, how would the wave count play than??

NAS100 making new highs...

major european indexes all with the same pattern as SPX!!!

Nas100 leading the market..1-2 pointa away of high of the day...if 5th wave coming this will lead

MA on the 5 min timeframe have already given a sell signal about an hour ago...geting ready for the second one...could this be the right one???

the Dax which is an index I follow closely, has almost retraced 61.8%( 10points shy..) of the entire move down from the 2ond of June till monday july 13th low.

Probably when the 3 systems give a signal on the same direction on a short period of time, the statistics should improve if I remember my university math...funny thing is the technicals pointing on a different direction in terms of probable technical scenarios...

Thanks Matt

my question was was more in the lines of whether the 3 SSO systems crossing more or less within a tight timeframe, whether it also gives you a kind of a strong signal in one particular direction...

All systems crossed....does that mean something for you Matt??

All SSO systems crossing or crossed....if SP goes up, means all systems giving a faked indication! any comments???

With the Sp down about 1%+, consumer confidence plunging, any reason for DJRE going up today??? couldn't find a reason yet...