Can you see Oil at $52.56?

Tech getting creamed....

That's a lot of white space to find support....

MR. Softy....

Long term monthly chart of MSFT... Check out all the white space below $17.13...

5 year monthly.... MASSIVE H&S pattern

5 Yr Weekly

What can be reasonably predicted from the above?

1. At $20.71 there is some extreme support which is weakening with each failed attempt to break below. A break would fulfill the H&S pattern and a projected target below would be $36.95-$20.71 = $16.24.
2. Another bounce off of $20.71 which will ultimately fail at the 23.6% fib line or $24.54 and then finally break the $20.71 level.
   
   Either way Mr. Softy will eventually provide a nice short opportunity

The Obama effect: Stem cells and ammo....

STEM

ASTM
SWHC
ATK

10 day 10 minute graphs...

IWM

S&P 500

The lines in the sand are drawn on these 10 day 10min graphs. If they hold the bull run begins in earnest. Fail and new depths will be found.