ES: wedge break could happen on tuesday

today sell off seems over more or less..So once again traders have to place their bets if the wedge will provide support or bears wedge break down (for real) will materialize on tuesday...stay tuned

we seemed to reach a demark pivot c. 1127, among other things - so an end of accelleration here but i expect nothing more than a narrow consolidation - on a day like today, i dont trust the isee index data, but call buying is as exuberant as the past few days. we should continue down next week. watching gold, usd and MS, also.