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Working reverse to long on NQ now just under at NDX 3110.

Back to SPX 1650 with better order flow. Scenario invalid.

I'm actually buying individual equities as the Nasdaq is trying to push higher despite the delta. Large players want in.

But after 1000 CT Settlement is much less relevant.

Price action and delta convey the held offer or held bid. The Scenario just follows from that. Yesterday's Settlement is not real. The real Settlement is from Friday.

SPX 1650 Held Offer infers SPX 1640 to 1635 before 1000 CT.

No. I am still long one third of a GDX position having scaled out of GC already so I guess you could call that a bearish posture. JPY 100 Touched will be problematic but I will hold for entry, GC 1350 Failed Bid, GDX 35 Touched, or late September.

If the Syria situation is off the Ask in the 60m Interval for now and you step up to the Daily to consider the Context you have to be mindful of JPY 99 Failed Offer. JPY 100 Touched would force me to reconsider my expectation for SPX 1625 Touched with VIX > 18 this week.

Next week being week of September 9th.

WSJ - Obama to Seek Congressional Vote on Syria Strike President Says He Is Prepared to Order Military Action, but Wants Support First From Lawmakers That seems to put a decision off until next week at the earliest, which should relieve some pressure on the Offer.

This chart is busy for illustration purposes. The 60m Value and Momentum Structure continues to infer that SPX 1625 must be tested to confirm the SPX Trend Line from roughly last Thanksgiving. The SPX presented 1650 Failed Bid with conviction as conveyed by Momentum. SPX 1625 was well...

$BKX trying to creep up now so maybe they can break the logjam.

Scratch. Three strikes I'm out.

Final attempt at NDX 75 with Obama speaking and saying no ground troops.

Exit just ahead of BE as SPX remains Held Offer

Now Obama scheduled to speak soon and rumor is that he is undecided.

I thought the US desks would try to paint the tape here but this thing is very held.

Managed to get that off before SPX 1635 Failed Offer so this could still blow back.

Will exit partial NQ 78