Broken

Well they just broke that 1261 lows from last week- Not looking too promising here for longs- not much support till 1250 then 1241.50

1261.75

that was friday's lows - we just 4 points above. if we break there watch out below next really support is 1241.50

Six weeks

Six weeks down - does this make 7?? Who knows, I will be carefully looking at the volume this week. I will be out from thursday to next week wednesday so posts will be limited only if something breaks huge. Key here folks stay out of longs everything is bearish and now we are 100 S&P points lower from the Bin Laden rally. As always those huge events were a perfect turn around point in the market.

OK

This is the next number down that 'Should' be a decent bounce: 1242.

New Lows

One ugly market here- we have 3 hours left and we are 1 point above the lows of the day. Bear flag here seem like it will go lower

Opps

opps so 1269 didn't hold long. We sliced through it easily but the close will be the true confirmation there.

BINGO

Bingo - hit and now bouncing a bit - now how far do we get