Jon's CHARTS

[jon_e_og]

System showing S&P still in bulltrend w/ decreasing volatility, a sign 130000 + is coming in ES shortly... I think we need a pullback before bulls can take the 130100 down... our high probability sells are 129900 or better and 129750 - 129900, but if we get that close to 130100 the bulls may want to break it out, if we make moves up there on monday morning and market strucutre accomodates it may be wise to sell, if we pullback and hold support then we'll probably wait for a break of 130100 to start our selling party ... the main message is pullback -> support building around 128000 - 128275 -> 130100 break -> breakout move -> MULTI YEAR TOP in S&P (remember the call for a high in ES in late Feb / early March)