Voltaire,Thanks and hahaha! The SPI premium supports my feeling...

Voltaire,

Thanks and hahaha!

The SPI premium supports my feeling that US might not rally tonight as for a start its too obvious. Also a few things I've suggested today don't smell right to me. Dow could open/run up even to 9000 - or it could fall away to 8000. No guarantee of a fall, but certainly not a guaranteed rally tonight IMO.

All these big afternoon rallies across Asia seem to be retesting channels from below (and filling some overhead gaps). Testing this afternoon suggests to me they may be doing this because there may not be an opportunity on Monday (because we fall tonight). Maybe.

I also don't like the SPX Futures. It fell past the 50 fib of the rally and has only just regained the 50 fib.

Anyway could go either way but I'm leaning to another fall (probably to 8000) at the moment.