Still Waiting ECB has moved the pre-market. I expected to wake up and see the market flat again today. Well I was off. As far as the market goes I am waiting to see if the down trend continues. Right now we are at the top of the downward channel. I did look at a few stocks this morning. Most of the formations I looked at looked good but the risk is too high. I want the set up to show a 2:1 return. the best one I found is VXX showing a 1.4:1. So I am waiting to see how this plays out.