20100121 The Emini S&P 500 is almost to the 1075 region.... The spike then channel up pattern always sees price coming back to the spike up price zone... Anything can happen in markets, even ludricous forecasts like ours earlier in the week.

Note the cash S&P500 daily chart, you don't want to get in front of the locomotive haring down the tracks at 110 mph, so longs should only be for scalps.