A.M. Look 9/16/16

I’m staring at the screen with nothing to add.
U.S. Indices get cash settled with individual names being marked starting around 9:00
A.M. CDT
European Futures have weakened into their settlements.
I would think the majority of the short covering took place yesterday.
Day traders playing the Spu’s should simply follow the yellow brick road. (matrix).
EPZ..2123 is support and the closing downside pivot.
Crude…the weekly sell stops are @ 43.00

42.75 is the trap the first time down.
Only closing below this level would lead to more downside.

My friend Tony just reminded me that we’re into Full Moon Trading!

Yes, the world has once again pulled out their Ouija boards and the new age crowd are clearing their crystals under the light of tonight s Full Moon.

Oil is rolling to (X) the November contract.
This does not change the levels I’m using.

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