good morning -today is series s1L and the SPILL Pressure is 79 UP, with
21 DOWN.
Another day, another COMPRESSED RANGE(7.5)..Another day, another POP DROP
GRIND.The ‘twist’ yesterday was the intermarket divergences amongst Naz,
Dow, SPX with the NAZ fear associated with AAPL release.This produced the
early and weak last hour high.The arcing movement since the 1666.5 LOW
looks to be best seen as the minute 5 wave of the minor 3 of BLUE (5).This
action will produce a very rapid down move in minor 4 OR the accelerating
HOP AND POP movement which WILL BE TERMINAL.CATALYTIC RECOGNITION will be
critical and unfortunately IF IT COMES from China or EUROPE it will be a
gravy in the gap affair.SPOTS TA ROUNDIES..The past 3 sessions have been
the battle for 89 and the reason for that is simple-it is the last SPOT on
the way to 1700 cash and yesterday’s high on the OPENING was the first
pass at the cash 1700 within the margin of error…SPOTS TA ROUNDIES.
FV -4.89,NUMBAHS S1HL NORMAL,07/24/2013 SEP. contract
By William Blount
| DAILY | WEEKLY |
|---|---|
| PIVOT 1689.6 | 1682.0 |
| S1 1685.2 | 1674.0 |
| S2 1682.1 | 1658.5 |
| R1 1692.7 | 1705.5 |
| R2 1697.1 | 1697.5 |
| MAX H 1700.2 | 1721.0 |
| MAX L 1677.7 | 1650.5 |
| Range Projections | |
| 1683.7-1691.2 | Primary 1678.0-1701.5 |
| 1687.4-1694.9 | Alternate 1666.3-1689.8 |
| TVS | |
| 1694.0 HIGH | 1690.0 |
| 1690.5 LOW | 1716.4 |
| TWO DAY | |
| 1706.5-1710.1 HIGH | |
| 1670.4-1674.0 LOW | |
| OPG 1694.0 | 1675.2 |
| H 1694.0 | 1690.0 |
| L 1686.5 | 1666.5 |
| C 1688.3 | 1689.5 |
