even Buffett says a nuclear attack on US soil is inevitable now the question is where and when I think we go to 1200 by aug 2009
S1/overnight low range more likely is the intraday target than is R1. OR high was sold right after 10:00. 897 area next, and then likely mid-to-upper 880's.
This is not in sync with majority opinion on the forum but here goes: I think the markets failed again, yesterday, to overome the important 920 level and is now on another move down. It could be that another attempt is made today at 920 but the hourly charts look more bearish and it appears to me that it goes lower from here. How low? don't know. Caveat: I have been wrong before, too many times.
The 3:55 - 4:05 pm top from yesterday has 200K contracts changed hand. And then we open today below the 904-905 spike low made at 3:50. Could be a completed wyckoff thrust since we tested and failed at 905-906.