This is my last missive until Monday.

The room will be open today and tomorrow thanks to Stan.

The question is whether the Indices are trying to turn direction? This is something that does not happen in a day or week.

Last night we saw a further selloff and rebound. Nasd is trying to sustain above its 200 DMA with the. Risk spreads solidlly below.

I still think both Indices have to run their qtrly sell stops but it’s time to “trade to make money – not to be right”.

Oil…76.32 is needed for the Point & Figure to turn up. Looking at the cloud it wil be a point of control.