"O that I could find in the desert a wayside shelter for travelers, that I might depart from my people. For they are all adulterers, an unfaithful mob of traitors. Their tongues are devious weapons, bent like drawn bows. With falsehoods rather than truth they have gained power. They commit one crime after another. They do not know me, says the Lord. I will make Jerusalem a heap of ruins, the lair of jackals. I will lay waste to Judah, a desolation where no one can live."
Jeremiah 9:2-3,11
19 June 2012
SP 500 September Futures Daily Chart Closeup
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.