The most important chart is the Spu 50X3 P&F which completed another reversal @ last night’s low.

Oil had a similar pattern yesterday. When i see this type of pattern a market typically reverses direction first before following through in the direction it was headed.

Typical trap the first time in.

Given its the Mid-Week Shuffle be cautious of the short side in the Indices.

Spu/Bond is sitting on its oscillator level. It will take into new York to see whats what.

Nasd 100/Bonds is below its 50 DMA.

Dji spread is well above its 50 DMA

Oil looks to be a big range bound scalp. See if it can hold a break after inventories for a bounce.

Spu…50X3 P&F

Crude daily

Crude 25X3 P&F…