All bounces on the slow local elevator down from the open were approx 2.5 S and P points at 2 pm there was approx 5 point bounce fallowed by a  HIGHER LOW which produced a approx 6 point EOD bounce...this is not nada...just a dependable high % trade....have a great weekend.

40bps...Central banks of the world tag teaming this market uppppp! ES now at R2

Here comes the EOD $SPX paint job....interesting to see of you get your signal Matt

In what?...20 minutes? Anybody here think the "buy the dippers" are done yet? At the moment short this market at your own peril...maybe just a scalp.

on the EOD close....bulls favorite color ..green

the amazing thing was watching all the stops above 1980 being hit which is the "top" of the 1973 pivot and pumping a extra 5 points

from the close to R1 high or double the first dump from the morning high to the morning higher low...I seem to remember a break in symmetry usually doubles

was that first pullback from 1890 to 1876 which was today's first higher low early this morning

has so far held....looks like a significant print below say 1984 would break that  symmetry to the downside

It's getting really late in the day ...it would take epic short covering

released from the cage

in red...Fed minutes coming soon may that's why the hesitation

TEXT BOOK....the book of BPT!

Not to make more work for Matt or Steve but only FYI. I checked the pivots resource just to see what S3 was today and saw the pivots seem to have not been updated for a while. I don't know if this an automatic function on the blog. I only find it useful when $SPX goes above R2 or below S2 since stockcharts  do not have these values.

In the 15 min time frame the entry was higher at 1941.50 and the 9ema was not hit yet that is.

The numbers boys have once again corrected the ISM from 56 to now 55.4. You couldn't make this up if you tried...what a farce.

Anyone have a handle on overall market volume?...This is a holiday week and I am thinking somewhat of a drop in volume may be adding to the volitility.

Right at that chart 17 (last night newsletter) black down trend line. I have it at about 1860.50 on the e-minis

as this is getting long in the tooth