Hi everyoe, 

Good Sunday p.m. to you and here's hoping you all had a great weekend. I know I did, I am starting to go back to Salsa to "spice things UP"

Now on to the markets ..........

here are a bunch of charts Emini's Russell Futures/2000, King Dollar charts, apple, Gold and Silver charts speak louder than words The bears sure do have the ball, and it's theirs to take or not. We are now in a bounce @ night/premarket sell the day mode and it has been serving us well :)

As I put up charts this a.m I see we have a bounce going on since last night and so far appears to be a weak bounce..Facebook is trading below the IPO price, now will Morgan Stanley step up to support the stock, how many more times can they do this ?? 

I told everyone "don't touch it" on Friday and happy most listened :)

Here is Emin's on 60 and daily  Perfect 38.2% RL from 1420

Here is the Dollar Cash not futures on 2 different times

Now For The TF and apple 

and Gold Silver futures 

have more charts coming :)

Happy trading to all :)

As most of you know, I am a chameleon. I only lean bearish because as an options trader you get a twofer. If your bearish and it goes down hard, you get direction and volatility. So same as stock you want to buy low (I.V.) sell high. That being said if I can make a nice chunk for my peeps and I on the upside, that's what we like too! 

I feel the markets give you signals when things are about to begin  change. The charts along with divergences, and certain sectors being in favor. As in crude has been telling us for weeks (down) that things were getting bearish. Those are the kind of things I watch as a trader, divergences. And this has been the "Year of The Divergences" asI mentioned last week.What I have noticed is the more severe the divergences, the more severe the correction. All the commodities have been screaming at us that a correction was coming. 

Now all that being said I will put up some charts, that very very (week to two) things could be bullish as on the daily chart we have a nice Head and Shoulders pattern going on. Along with that is a huge Bear Flag, Big down move (vertical up or down) the last daily move was down, the sideways consolidation, or digestion. Nothing goes up or down one way and that's the reason it's so important to read charts. 

Here is Crude and ES 

Now For Gold and Silver 

Will be adding more charts as the day goes on, good/safe trading to all. I do think we are getting quite overdone on the downside, that being said any bounces or rips should be sold at this point. 

And now for something juicy i just noticed the ES setting up for an nice inverted Head and shoulder pattern possibly. The levels are on the chart