OIL

Hehehehehe how sweet patience is???

Bingo!

Monday

Wont be in today- I would be looking to fade this gap up as it stands an hour before the open. I do believe we have put in a short term high last week BUT we have to see how we consolidate around that trading range of friday's action.

GS-looks lower

Overnight

So it is Sunday 8:00pm and futures are down not much but breaching some significant levels. Oil up more than a buck.

We will see what happens tomorrow.

what I see

Trendline currently of the market- Though we printed a heavy day down on Friday we must be cautious on monday. What would be the perfect scenario is a gap up and a test of Fridays' low on the opposite side if we gap down I would be looking for a fad to relieve some of that nasty selling on Friday.

Closing numbers

1276 - hmm who said that number? Oh well will be interesting to see what happens over the weekend with Egypt

WOW

IF these guys hit 1276 today. We will be in for some selling for sure in the coming trading days weeks.
Bad sign and if we hit 1276 and don't bounce and hit 1272 forget it, that 1302 might be highs for now.