nothing new with the systems guys - the SPY or ES isn't even back over its 9 day EMA yet

as far as the market I have to look at things more this week, I got a call from a client asking about removing his hedges - first off obviously yesterday's gap down then reversal would have been a good time to remove those in the morning LOL, you had a hell of an opportunity. 

could the market have made a trade low yesterday? yes perhaps, the QQQ's got well into our target support zone and the SPX nearly hit one of our levels. I'd like to se the action today. One thing I've noted over many years is that generally these news events market trade lows vs the start to an additional major decline. I told one of my clients on Tuesday who was very worried about Russia invading that, in my opinion, I think once the invasion begins we'll get a big gap down and low - the event will mark some of trade low as the market had been selling into the rumor.  Basically like buy the rumor and sell the news but inverse: short the rumor and buy the news event.  At worst, if a low wasn't put in yestrday I think we would see  a retest of the lows or another low test those areas we showed.