[EOD update] Click for EOD update here.
[227PM] SPX cash index follow up -
[125PM] SPX cash index update-
[1130AM]The larger picture -
[1109AM] SPX cash index update -
[954AM]SPX cash index squiggle update -
[9AM] Carry funding update -
JPY/AUD vs SPX/mini(ES) - The light green line is SP e-mini. The bars are JPY/AUD.
 Post-number squiggle close up -
[720AM]Overnight update (ES)-
The squiggle labels on the e-mini chart at he right are now in sync with those on the cash index chart. (http://1.bp.blogspot.com/_qRW-eUBCP7U/TH7PE2LZRuI/AAAAAAAAD1I/K23_itsXsRk/s1600/SPX-20100901-1min.png)
Be aware of the upside potential (http://3.bp.blogspot.com/_qRW-eUBCP7U/TH65Vdfl1OI/AAAAAAAAD1A/OIZn5_cwF0I/s1600/SPX-20100901-wkly.png)
Expect the this leg of advance to end this morning. The subsequent pullback will tell us whether the top is [ii]-up, (i) of [c] of 2-up, or (w) of [ii]-up. Most likely, the market will sell into tomorrow's job report.
Fib targets on the e-mini are 1089.50/1089.75 (v=ix0.618), 1097.75(v=i).