Markets triangle S/R

Intraday momentum is to downside after selling going into close.

Markets bounced off from lower TL support as we can see on 60min charts. Markets are over extended on daily while weekly looks like momentum is turning up; however, weekly is showing -D and double dip scenario will create +D. Watch break of TL S/R for short term, however, as noted, markets are bearish than many are hyping as we don't have any real economic growth except creating more debt - infrastructure rebuilding plan. NO QUICK FIX for our economy as we have debt clock bomb is ticking. No more duped by hype.

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