Watch the close

watch if the protection team comes in to alleviate this downturn or do we close at the lows of the day.

If we do close at the lows of the day expect us tomorrow to open down and find some support and reverse. A plunge protection team play at the end of day would leave me looking at the overnight session for some real direction.

MARKETJEDI

Dollar bounce still in effect

Dollar still bouncing from the bottom technically analyzed last two week. It was greatly oversold and the bounce is only technical in nature

984

Close below 984 would signal bearish

Soybeans

WOW soybeans really getting cracked here- Remember I said this might be the trade of the year short

CRUDE

Lowest level in a month

BADDA BING

HEHEHE BADDA BING- What did our analysis say "a High the first week of AUgust +/- a week" seem to be DEAD ON.
Now the head and shoulder measures down to 873 so watch for that number.

Also BINGO on that Oil break down.

Also DEATH for Soybeans, Corn and Wheat.


ROCKING --