Today's action added some refinement to the daily SP 500 futures chart.
How this formation resolves, up or down, may depend on what happens in the next few days with regard to Europe and the Fed as you might expect.
"Where such a shift in power is in favor of the governing elite, Power will achieve its murderous potential. It simply waits for an excuse, an event of some sort, an assassination, a massacre in a neighboring country, an attempted coup, a famine, or a natural disaster, to justify the beginning of murder en masse. Most state sponsored murder occurs under the cover of war, revolution, or guerrilla war, or in their aftermath."
R. J. Rummel
LE CAFÉ AMÉRICAIN
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