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Today I'm only doing daytrades on the Thai market, I don't want to buy near the high of the consolidation range and assume that will move directionally up, and then have jobs numbers move the market directionally down. I don't know if they have the power to do that, but a few bigger traders I...

We looked ready to crack at one point, now it looks like we'll stab at that 850 again. Is there any chance job numbers won't tank tomorrow? If they do tank, is there any chance the markets won't?

Interesting video, I think I've seen that woman before. I started crying while watching one of her fibonacci cluster webinars, and thought, this is just too much for a boy from Tennessee.

Looks like we smacked our heads directly on the 850 upper trendline of the symmetrical triangle we've been in, and sold off hard. Made a big shooting star as well. I'd say there's a good chance it's time to test support levels.

That area's now acting as support, looking pretty good in my opinion.

I can't go bullish until we get over 834/835, post/pre market this is proving to be a real challenge.

The only thing not confirming this upward movement is the BANK, otherwise VIX, TRIN, and TRAN all confirm, although I wouldn't say TRIN confirms just doesn't go against it. The TRIN hovererd about 1 all day. Is it possible that BANK will no longer lead direction? Once the banks are smashed...

Post market 834 seems to be giving us trouble again.

I'm watching 834, if we can take that out, I'll expect a couple up days to follow, then time to reasses. Pre market we got smacked down, that's also right near the R1 for today.

Nice chart Dogon, I'm not sure I see the bull flag though. Can you show that in more detail?

Wow, the Nikkei must be news driven, it just flew through the roof!

Futures have bounced off the day's pivots and are headed for resistance 1, which interestingly enough is yesterday's high, and the line in the sand to break for the markets to turn bullish, IMO. If we can take on R1 I'll add some longs on my Thai account.

Here's the weekend edition: http://www.freetradingvideos.com/vlog/default.asp

Well, also I don't think the inverted head and shoulders was anything but a tiny bit of the video, that was simply my question to get feedback on it. I would have personally have a very hard time comparing the maker of the video to cramer. The video is not commited one way or the other, and...

I don't trade only daily bars, but that's just what was currently in question. Some have said this inverted head and shoulders was non existent, I just wanted to know why.

Well, is this not an inverted head and shoulders? I'm sure some of you are experts and I would appreciate any feedback. Hopefully, some don't take any questions personal, I'm not here to attack anyone, or try to make any one feel bad.

So much venom! Wow, even some name calling as an added bonus. I have seen one million forming ascending triangles fail, that doesn't mean ascending triangles are worthless, but they're only entered upon confirmation. Break over resistance with substantial volume. If you watched the videos...

Well, on your chart I don't either. I see you've also got the ES and not the SPX up there, of course those charts will be a bit different won't they?

I've had a few scalping discussions and strategies here: http://www.freetradingvideos.com/forum/forum_topics.asp?FID=14&SID=239c9b52827bzf89f14475z12ca15445 I think the best platform for scalping futures is infinityfutures.com. Great stuff.

According to the Washington Post, this is the worst January ever on record, and January has predicted the year's actions with an accuracy of 83% over the last 30 years. I guess that means we could be in for a choppy to bearish 2009! I still believe we're at bottom unless the banks have...