spx 03-07october, page-16

there was genuine buying on the spx and the xjo today.......according to some pattern regimes we're in a bull flag and one regime suggests we are now at a low.....i can see the patterns as orthodox but you know they'll only be confirmed in highsight.....erring on the sellside but take 1's n 2's i think until a compacted reversal set-up is confirmed or a clean lower low break sets in......so many extremes set up for a powerful rally.......the poms are especially good at hiding their gameplans and creating sentiment so clean breaks req'd......