perfect conspiracy set up, page-4

an update of yesterdays SPI charts ....
the horozontal condition of yesterdays market had traders go fishin ..and we found those prices that john west rejects ..what a great sell that was very late in the day.
Now according to my reference points we have posted a slightly bearish tone to things that is not yet comfirmed, remember the markets contition ...sideways..and we need to break the shackels , perhaps there is not enough short inventory yet in the market to give it a good push , but its a possibility never the less.
We all have a natural fear of the unknown I guess , and we try to consol our fear by atempting to make some sense of it all , what I have been trying to show over the past week or so is that I base all my trades on what I can see , and nothing else , sure I read alot of industry related stuff, and we can all be greatfull to PJ for giving us great links.
but at the end of the day Ill I have to go by is the data set I know I can rely on that .Now the way I do things is not the best or the worst , there all good, but as I see it it's a good idear to pay attention to whats real and whats not.goood luck today ..I have a srt position from yesterday and I intend to hold it for a while today and see how things play out .