The S&P 500 Futures chart is absolutely grotesque, but thats good. No place can you see fear and greed so plain as in the last 2 weeks of market action. The market shows enough strength to appear certainly ready to make new highs and within minutes all hopes are dashed as the bulls get punished. The bears do no better as there fate is sealed in the same emotional ride handed out to the bulls. This is an advantage for our method as the blood shed will cause a certain exhaustion in the markets that we will see on the charts and enter with little fan fare but no frustration. More important, we won't have the losses coming into our trade.