786 A.D.

UPDATE 12:32pm EST: We’re slightly pushing up right now but if we continue our drop watch this level on the SPX (the ES fair value is -2.02 right now):

I mentioned that the bulls are most likely to stage their defense at this level, so if you are still short and are looking for a spot to take profits this might be it.

UPDATE 1:35pm EST: Here’s my decision on the Zero/Mole chart. Since 2sweeties has a free week and since we are at an important inflection point I’ll keep it freely available until the end of this week. After that I’ll set up a simple password protected section and if you are interested I’ll accept PayPal payments for the first month or two. If I indeed get 100+ subscriptions and they don’t drop off I’ll set up a more sophisticated member section.

This gives you all rats a chance to correlate the market’s momentum with 2sweetie’s RLs all week. I think this is a great moment for the Zero to show what it can do after some of you wrote it off during the whipsaw. Oh yee of little faith… 😛

UPDATE 2:07pm EST: Attention ladies and leeches: VWAP breached on all three index futures – expecting a retest now. Yen has been showing no strength at all – I wonder how far they can push this thing before it snaps back like a rubber band.