Hehe, no kidding. We have a grand opportunity here to put in a top on the rally since March 2009.
Today the tape toyed cruelly with the channel line I drew last night, but we managed not to violate 1440 just yet. [iii] is about 2.618x the 13pt [i] I have labelled:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjTos06BZ-fNLtXdlOFuVCjQIu01P2CE28lCz76D2YF_qqfvFWtO1Wu28Paana5oBktwspoRyfp8kAi5xExMofz3_o8vYZATu4FWMm7lbB9iov2NJyL-gK0ZBGyZ3sHP_rI6GU3UU-C1a0/s320/SPX+9-07.png) |
1440? Higher? |
Larger view, with a few targets fixed, with 3PDH tags:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEiX9CJYS_QcvlXdDbRcvAZ0wJtYn_RN0CO3mh2pfj3CUUOXwo-ph7TfhMmG1aPpKAkw38h9ykvkCHzjCeTFmRufNkv-YRdaSLkkwRt7I2-yIIy47ZRRJ0OpIt20nL8iNYFKxGv1VKrUfdQ/s320/SPX+9-07+60D.png) |
Fall from grace |
The weekly Bollinger is starting to turn up and away from us -- can we pin it next week?
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjAM7Gr3gkgAvBGNTTlXDjwzJ4JvuVy2SDza8cCTf1Uu1R-sGFuiqLRj7e2DeCOeOSe0Hvn5xsK-QMAInNcGuX7SJ_-CjdCcITlOw0nxbb8iPx8FuylF7skzq7XGAQxtTazKJWo8UDGSi8/s320/SPX+9-07+Daily.png) |
SPX weekly wit Bollingers |
UVXY headed into the 20s if we roach again on the VIX:
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjdWFbfeP0zZtoN9ZwTUOXfdEu8NDuj3hNSjsF5-XnriTHH6nG8lWFuWoo5bnBeM1pF-4r2avgKQT-AO53Od6Tb0xhF1wonhPXJZZbtXCt7OdddXGMuWSZPlSgpKitdM7aIAKUDUENQCC4/s320/VIX+9-07.png) |
VIX daily |
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