Wednesday evening

S&P Futures Daily

Naz Futures Daily

S&P and Naz futures traded their highest daily volume today. As long as the bulls can hold that 1387ish and 2600ish level, things are set up well for a bounce. Short term indicators look ripe for buying, Rydex bull flow is looking ripe for buying, and AAPL is at potential longer term support (550ish).

AAPL Weekly

Wednesday afternoon

S&P futures have been hit hard this morning... 2m contracts and it's barely noon. The push down to 1384 looked panicky, but the real test is if the bulls can produce more than 10 points up off the low. 10 points up would be 1394 (also the daily S3), which is about 1399-1400SPX.

Wednesday morning