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Stan and I are expecting a big rally soon, and there is a possible setup for that to be starting here, though unless we strong evidence to the contrary we are looking for another lower low first. This falling wedge on the SPX 15min chart is looking bullish, and I have a similar pattern on ES, with NQ and TF also having tested trendline support at the globex lows. SPX 15min chart:
Since I’m a child of the 80s, David Bowie has a place in my heart, and I was saddened to read of his passing. Here’s one of his lesser-known songs, but a favorite of mine, particularly since the theme had personal importance to me. (In 2016, of course, China has an importance no one could have ever dreamed back in 1984):
