Today is series s3H and the SPILL PRESSURE is down. Yesterday
was certainly one of those ‘go to the gym until lunch’ Mondays as the
NORMAL outcome was obliterated at 10:36.Since the close of business on
7/15 the market has undergone a Hamlet “to be or not to be, 1700 that is
the question’ issue.We are looking for a catalyst.Today is setting up the
BEN and although I do not like small data set measures , I have attached
the FOMC releases for 2012 and thus far in 2013.Also, the action yesterday
corrected .618 of the rally from Friday , so BULLS will see it as a nano
wave 2 and look for an attack UP IN NANO 3 of minor wave 5. BABY BEARS
will see the minor 4 as not completed and are looking for a FLAT to test
Friday’s low or a double zig -zag south in a COMPLEX 4th that will carry
down to the 1650 roundy to 1664.Of course BIG BEARS are wondering what has
hit them since Dec. 32, why the world has not come to an end, when is the
pain going to stop, and of course the TOP IS IN OR HAS one very small new
high coming before Italy, Spain, Greece, Portugal, France fall off the face
of the earth, the mid east implodes, the Chinese open their books to an
audit, Japan starts having children, etc.. SPOTS TA ROUNDIES
Written By William Blount
FV -4.91 NUMBAHS S3H 07/30/ 2013 SEP. contract
DAILY
WEEKLY
PIVOT 1681.5
1683.8
S1 1677.7
1673.2
S2 1672.8
1660.0
R1 1686.7
1697.0
R2 1690.8
1707.6
MAX H 1695.7
1720.8
MAX L 1668.7
1649.4
Range Projections
1679.8-1688.8 Primary
1666.6-1690.4
1675.3-1684.3 Alternate
1678.5-1702.3
TVS
1683.2 HIGH
1694.3
1678.2 LOW
1699.7
TWO DAY
1697.0-1699.6 HIGH
1662.4-1666.0 LOW
OPG 1682.0
1690.0
H 1686.0
1694.3
L 1677.0
1670.5
C 1682.5
1686.5
