Very nice falling wedge with 3+ points of pos divergence

and at Matt's 2085 support...

now extending to the 15min time frame with positive divergence

on both the 14 and 5 RSI...but it's getting late..

actually also 30min with this small bounce

about FMOC minutes...Janet has never let it down

we shall see the... TA would coincide..for a rip ...up

looks like the market serious about the dump but..

positive divergence on 30/60 time frames

the higher low here....for a bounce

forming symmetrical triangle LH's and HL's. 

This should break down but I believe it when 

I see it as this market has difficulty with the 

word down

2075.44 $SPX all time closing high just 

2 weeks ago oddly enough another friday

you know the boys want to get it there

The market for years has by empirical data given the idea of the falling knife...meaning the dropping market is very much different from the rising market which is a topping process slow and methodical while the drop is quick and severe ..the FED has been able to reinvent that...the recent fall off the 2079 highs took 7 days the ramp back up has taken 2 days...not quite there yet but is there a doubt it will get there?

theatre of the the unbelievable but true.

700+ Dow points, close to 90 SP points

in two days all based on continuation of QE, I would call

that a powerful "indicator" as unmoved as I have become

about the power of the FED even I am astonished

by today....well lets call it perceived continuation. 

it really doesn't matter what they say just as long as they say what they need to

even of its the wrong thing they'll correct it. The market likes the sound of patient

it reads that like Draghi "what ever it takes" IMHO

The market has closed and I would think most traders ...may ...be indulging in an adult beverage and this one in particular caught my eye

A liter of Grey Goose # vodka is now more expensive than a barrel of # oil . Truly, a Russian nightmare

Off the charts bad -3.6 vs exp 12.4....futures don't seem to care there is a nice bull flag on the 5min ES... so maybe pop and drop

I run a market hours 5 min chart of ES. Currently looking like a nice falling wedge with positive divergence. Trigger for long would be break and retest of down trend line. $SPX looks similar..sorry can't post the ES chart.

Never ceases to amaze me the late day green paint job on the indexes. How do they do it? Some interesting candles on the 1min $VIX maybeeee? Or maybe just a bad print ...right?

hit the low of the day...the higher low of the day...EOD support...3 for 3!

There seems to be an endless supply of QE announcements at least at the moment

ECB to prepare broad based QE package just in time to not get stuck at the 61.8% retrace off the highs

on Draghi comments

this market is floating on a column of air like a hovercraft...amazing

there were TA reasons as well that little higher low right after it