Fibonacci Ticks 144-6765

Sunday night's open will be a significant tell as to the condition of our domestic and ultimately the world's financial markets. The sell off from All-Time Highs on the S&P 500 nearly 5000 days from the bottom 3.06.09 continued on Friday setting lower lows, but ultimately climbing marginally into the close. Support from the MA's is behind us at the highs. Woodie's CCI is in the early stages of a Shamu Pattern on the 6765 Tick Interval. Prices need to break zero on the 14 period CCI, where the 6 period TCCI have already breached the 160 area. The LBR Smart ADX saw a rise with the selling that was confirmed on the TMV indicator through paintbars (red). Prices also crept through the Keltner channel on long term intervals and is now securely underneath the lower band. On FW MOBO support is acting at the negative 0.8 Standard Deviation, and the MOBO cloud is only left green on the 6765 Interval Tick. All lower intervals have long since turned red. Williams' Alligator his holding support, despite being all the way to the Jaw, from the 2584 through the 6765 Tick Intervals. The Williams' Fractals printing sell should not be traded on based on the longer intervals; however, scalping trades are available to the short side on all of the Tick intervals lower than 2584 with Fractal designations. Going back to the first chart, we are seeing the Ergodic Oscillator and Double Stochastics turn decisively to the downside on the shorter to intermediate intervals with the longer terms still mostly flat. This is confirmed by the first indications of a TTM Squeeze alert on the 6765 Tick Interval. Expect prices to digest here if we do not see a large liquidation break at the open of the Futures Markets at 3pm PST. We will post an update this evening, here in Los Angeles, as to the disposition of the S&P 500 Futures at the open. See you then.