S WAVE CHARTS

[snootmagruder]

This morning Levitt brothers "before the open" commentary said this morning's deep gap down will destroy the consolidation pattern that was pointing higher. This is what we're looking for, most everyone to be convinced of lower prices to come. NAMO and NYMO, the TICK charts and whatever you all may be watching for sentiment indicators look like they need a full down day to complete the scenario. look for 300 million on SPY volume to stick a fork in it.