xao update., page-6

I expected a "nothing" night in the US and we got it.

Market structure looks like last night was 2 of 3 so Monday night could be the start of major downside.

That doesn't mean it can't start up and maybe it stays up but.

SP500 has tested 1490 2 or 3 times so when/if that goes then it should really go.

US BKX and XBD are down hard several days now and they have been leading indicators.

So expecting an up day here on Monday is probably right but if we get our act into gear and start preempting the US again then don't be surprised if we turn nasty and have many scratching their heads.