Today is series s2L VERY IFFY-the fireworks from the FOMC release…looks like a 3 wave bounce followed by FLUSH BUT cannot be confirmed until the low of the day on SPX from yesterday is exceeded.
The after-market hours have already either trapped the Europeans with an overshoot of the 1632.5 SPOT in alignment with the internal fibbo at 1631.99 or .5 1635 retrace cash markers given in the commentary. The very iffy lean will determine the outcome IMO. Either yesterday fixed the last hour as a high at 3:09 or it will come in as a low with no inversion. SPOTS ROUNDIES TA with BARBARA GRACE window open for a low through the Monday close a tomorrow is the 23rd…
Written By William Blount
FV -2.42 NUMBAHS S2L VERY IFFY 08/22/ 2013 SEP. contract
DAILY WEEKLY
PIVOT 1642.5 1665.0
S1 1630.3 1636.1
S2 1624.1 1621.0
R1 1648.7 1680.1
R2 1660.9 1709.0
MAX H 1667.1 1724.1
MAX L 1611.9 1592.1
Range Projections
1627.2-1645.6 Primary 1628.4-1672.8
1636.4-1654.8 Alternate 1650.6-1695.0
TVS
1650.8 HIGH 1689.1
1637.4 LOW 1663.7
TWO DAY
1656.3-1659.9 HIGH
1630.7-1634.3 LOW
OPG 1646.0 1679.7
H 1654.7 1694.4
L 1636.3 1650.0
C 1636.5 1651.1
