Really would like to know what you think of this chart,
(and the close ups of the other two posted just before this one) after many hours of consideration. How CAT relates to the oil and equities markets, then and now. Probably going to go with this, not sure if with CAT or something similar, and also probably the VXX again, because if I am right that will explode, and SPY will complete to the lower bottom trend line of the megaphone pattern 175 ish. Could be one of those explosion moments where CAT breaks thru its possible double bottom, and spy breaks thru 199.10, and 195.00, and then ??? Oil heads way lower than the "experts" think, and we have panic selling finally, volume spikes, just as it did in 2011, see volume boxes. And all this when we are supposed to go home for the holidays, and volume gets very thin, and last week of the year, typically ultra thin, volume spike, and soils everyone's holiday, meaning they have to unexpectedly come in to work. Or if they don't their stop sell orders kick in and we have a flash crash? (Hey, don't want to be negative Joe here, but it could happen) Not sure what next resistance for SPY is. Do you?