Today is series s2L VERY SLIGHTLY IFFY and the SPILL is UP. Welcome to NFP: PARAMOUNT : look at MAXH AND MAX L in the NUMBAHS for ‘price gloms to the NUMBAHS’ if NFP is a ‘bang and not a whimper’ -they will be TELLS AND look at the TIGHT T’S right above the 1702.5 SPOT, they will be what the BULLS want to get above and stay above while the BEARS want the opposite. ADD 1712.5 to the SPOTS and 1719.The 1719 should be a bridge too far, but it is being added because the best look on the a-b-c-d–e triangle chart sent out yesterday is that it is minuet wave (i1) of minor 5 and the late day sell off is (ii) making the gravy in the gap Yesterday the kickoff for iii … the bulls solidly own the chart unless the BEARS can kill the weekly pivot. A terrible reaction could well produce a HOW DEEP IS YOUR 3 DAY where the a.m. low is a sharp down and then weak bounce fails to gain traction followed by a lower low before the buying kicks in for the move to lunch —conversely a good reaction for a strong spill could end up being followed by another narrow bracket with crap ranging as we had yesterday dependent on how far the spill takes us relative to the assigned SPOTS–SPOTS TA ROUNDIES —
By William Blount
FV -4.46 NUMBAHS S2L very slight iffy 08/02/ 2013 SEP. contract
DAILY WEEKLY
PIVOT 1699.4 1683.8
S1 1695.5 1673.2
S2 1690.8 1660.0
R1 1704.1 1697.0
R2 1708.0 1707.6
MAX H 1712.7 1720.8
MAX L 1686.9 1649.4
Range Projections
1697.5-1706.1 Primary 1666.6-1690.4
1686.9-1712.7 Alternate 1678.5-1702.3
TVS
1703.3 HIGH 1694.3
1702.9 LOW 1699.7
TWO DAY
1714.7-1718.3 HIGH
1679.6-1683.3 LOW
OPG 1695.3 1690.0
H 1703.3 1694.3
L 1694.7 1670.5
C 1700.2 1686.5