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You see 980 today?

I say we see it again today on the cash. The Fed will say nothing detrimental to the markets. With everyone and their mother asking for a correction, I won't be surprised if they end up being dissappointed... Disclosure: I'm in spy puts.

If this market will rollover, look at NQ and Crude to start/indicate the correction. For today, I'm with Mandel...seating pretty on my hands.

I gotta give it to the bulls, they're holding their own. Un-bleeping-believable!! Dollar just made new highs Crappy Auction Overbought conditions ...and they refuse to cash in and go home.

you freaking read my mind. There's a logical case for both direction.

Today just has to be a special day...be it up or down. We've been pussyfooting around this area for way too long, something has to give.

Looking at the price action, its starting to look more like a death trap. But like always, we'll see how she pans out. I think a short above 76 is pretty safe until 82 gets blown out.

976-978 zone has to fail again before a look below 960

I wouldn't go that far. I just don't see it in the books, but of course, i could be dead wrong.

They will break it.

I doubt they'll try and run those anytime before 2pm....if they do try running them.

I was just about to say the same thing. I guess I would say Mandel's just a bit more conservative. Just like B1S2. I've been bearish over the last few days, but the proximity of the elusive 1000 on the ES is what's keeping me from going short. I will make my decision after tomorrow's close...

I'll call GS & MS, see if we can put something together for you. :D

Looks more like an ascending triangle.

I guess we'll get direction from the home sales number. Look @ the vix!!!!

I'm watching that 72 level like a hawk. That's gonna be my signal for the day

1000 is on 23 points away on the ES, you think they'll sell off hard before getting there?

Say that again. Anyone who had a preconceived notion coming in today got burned. I know I did.

I hear ya. I expect a HUGE volume in the last 10 mins, I just don't know which way.

we are either at our resistance zone of our next short term support zone.