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I was expecting this to play out all the way to at least 82.50 during today's RTH. I'm out of longs here. The daily chart looks ugly

I expect TF to drop to the 610-608 level and ES at about 74-72.50. If those 2 levels hold on those markets, I believe the 50 day is next on the ES. If we breakthrough, I will hold my longs to 1102.

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WTH?! They don't give em the codes to the bots? Long 79.50 stop 77

Interesting. I expect them to come very close to the 84 resisitance

Where do u guys think we close her?

They failed. EDIT: Technically, this market has been acting like a goner since 1126, and today looks no better with the break below the 50 day. Let's hope those consumer numbers are good tomorrow.

DEMTDAYBOYZ win in my book as long as they close it on the 50 day MA at about 82

This sits 3 ticks just above the 50 day, so I think it may hold.

You must be Cramer's evil twin. Great call!!

Though a bit shaky, my support is @ 83.25. I have a bit more confidence in my support for the TF @ 615.

Hey Pho, Where's the bottom of that channel of yours? Hey Pek, do we have what constitutes a 2nd gap?

Typically when market is down this big in the premarket, it begets an uglier move when the bell rings.

Either they break this wall today or call it a top. It has to be today

I think 1100 is very possible today. My up trendline is broken, but as always, it depends on the close.

There goes that 23-26 wall again.

Anybody know what the major sentiment is out there? Bullish, Bearish? And assuming the Fed's move is a non-event, which way is smart money leaning?

I actually thought that was an error on my chart until I could confirm it. Im w/ Picaso on the long lunch. P.S. Try not to short a dull market

We can't even get to 11:30 est before we start getting anemic volume

That 23-26 area is just a wall. If we can get above it, then I would nibble. But for now, I'll just hold off...I'm biased to think we would selloff tho, but that's just my bias.