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Same chart basically, but yeah, the flag if there is one has not yet confirmed continuation.

What you say tommo makes alot of sense, and I agree with it. But for me it's all about the look of the intra-day charts, and for now at least things still seem ok, if not maybe even better than usual. The EUR/USD is a little dead now, which may be your main instrument (?), but the U.S. indices...

My pleasure.

Maybe you missed that it was the daily?

Question from an ignorant outsider ... does anyone know whether today's "bank holiday" means the commercial traders of MS, JPM, etc. will not be trading today at the exchanges as usual? TIA

Also ...

Possible short-term support here.

Also, just in case you were not aware 1359 is exactly 50% of the move from the Jun low to the Sept high (1250 -> 1468).

So a 2 day selloff is all because of his re-election, but 4 years of raging bull market under his reign has nothing at all to do with his leadership? .. Doesn't make much sense to me.

Which is funny considering anyone who invested the day he took office would be up about 75% now, or about 18% per year.

Lots of folks bought 78's and they have yet to feel any pain.

SPX is now the last of the big 3 indices to touch ... other 2 blew right through theirs, so we'll see if #3's the charm. I have certain doubts, but it's usually not a good idea to bet against atticus. :cool:

200 touch on cash daily.

68.00 would be -100 off the recent high ... that's not even -10%. 1359 is 50% retrace back toward the June low. Those numbers seem like very possible targets in this environment, IMHO.

Thanks for the heads up on the weekly.

My understanding was that the death cross was specifically the 50 crossing the 200. Someone correct me if I'm wrong.

Pek's trend day lunchtime sells not yielding much so far. Delayed reaction maybe.

Last prez election the initial selloff lasted 2 days, fwiw.

1375-80 possible. Definitely 90.

Nicely put. :cool: