Trying a XJO long here under 6810 to see where the market is...

Trying a XJO long here under 6810 to see where the market is at.

I felt that last night (after the Dow 1300 point fall) was the perfect opportunity for bears to push the market lower. All the ingredients were there - hawkish fed, slowing growth, war, energy crisis etc. but surprisingly all major indices survived. I don't think you can ignore a signal like that. The market can just be playing games but see what happens next week.