2008-12-22 Market Watch

(SPX daily)

(SPX hourly;should go up to 880-890 otherwise it will be very ugly)

(/ES, 15-min)

(XLF, 30-min)

(/CL, the crude oil)

(/QUS, the T-bond, big storm is coming)

Summary: if crude oil doesn't get too bad and there is no other extremely bad news, we could see a big rally tomorrow -- if 20-30 points is considered as "big".

Trading system: short SKF at market open.