SPX Daily - No one knows what the Fed can or can not do regarding price movement. One thing that is for sure is that the upper end of price appreciation is nearing. I'm still thinking top and massive crash. I figure they have 6 months max before my "event" happens. We're going to see massive global turmoil much sooner than later and the food shortage timed with the financial collapse is not going to help the situation.
Minis 30m - The 6th day of low volume, low volatility consolidation here as we wait on Jackson Hole. This could be another really dull week. This market's goose should be cooked and any further upside should only improve the short's entry position IMHO. Just wait and be patient and let the trade come to you. Don't try and force it. Nothing is ever a certainty, well other than the eventual financial collapse, so let's just say the timing of these things is the hard part.
There really is not much to say other than rehashing that the PIIGS are busted and Germany
GL and GB!