RP, what would be really impressive! is if the market now rallies till the next cycle bar tomorrow about 3:17

On stockcharts, it's just a repretition of time and distance, so when you have pronouced highs and lows it just repeats itself. I think Matt posted something about fib time lines but I havn't found that option yet.

  http://screencast.com/t/PK08t9wa

Buying came in right on time I

I posted this earlier today with cycle bands, if this holds up today then we should see buying comin to the market in about 30 min..

Next fed auction is 2/9, how do you get folks to buy bonds that don't pay much, drive the markets down.

Looks like the inverted H&S in FAZ is happening again. In at $29.45 for scalp

Looks like SDS and FAZ  are doing an inverted H&S on a 5 min. chart.

http://stockcharts.com/h-sc/ui?s=$NYAD&p=5&yr=0&mn=0&dy=2&id=p02134947835&a=242185315&listNum=1

I know Steve say's one close outside the BBband and then open inside the next day but I've always gone for two day's outside and it doesn't matter that they close out there, today we have the double penetration, now to confirm the change of direction we need the vix to open higher tomorrow.

I just got an email from the United Nations, someone in Nigeria left me $1,800,000.  Talk about easy money!!!$

I added time cycles to the $NYAD today, you've noticed how the markets have been changing direction every day at 10:30 am. Well if this holds up then look for a change at 3:30 today. Also, I did very well using this FAZ 5' chart and scalped 50 cents this morning.

Any chance you add to the short today?

The CRB looks to me to be forming an inverse H&S, if so then the target is $342 which is good for oil, gold, copper and all materials.

Nice work RP

USO has the look of a bearish H&S on a 60 min. and a Huge gap below.

http://screencast.com/t/GGPZ3eRRdQ

this is a sector I tought was always safe:

Europe's largest independent refiner by capacity has been teetering since its lenders restricted credit late last year, a victim of thin refining margins and high debt that was a result of its private equity-backed, acquisition-based business model.

My charts say it did close outside on Friday?

copper and financials up ; bonds & dollar down = good spx

or NOT< but look at this one. I do like the sector.

http://screencast.com/t/tc5IcvG4kp

starting at Christmas the first trading day of the week has been a gap up opening.  http://screencast.com/t/AwmtGN2EIurA