Today is series s1H and the SPILL PRESSURE is 79 DOWN 21 UP. Yesterday the name of the game was WHO OWNS 1632.5 .It will be today as well. The market struck a perfect balance at 1635 CASH as to the ½ retrace zone. TODAY, we have INVERTED T’S and there will be AT LEAST 1 GOOD UP. Those T’S are tight as well. FRANKLY, the BULLS do not want to see price anywhere NEAR THOSE T’s. The NEAR TERM BULLS want the LOD yesterday to have sealed red 5 = (A) or our preferred COUNT of 1 of ©…If we have the ALT then the targets for the BOUNCE will be higher than if our preferred count IS in play. Either way Price would be headed UP. With the least target being 1642.5 , a lesser prior 4th zone and the first of the CRITICAL SPOTS on the way down after the BACKTHRU of 1681.5 — THE PROBABLE first TARGET is the 161.5 SPOT incorporating both the BIG ROUNDY 1650 and the WEEKLY PIVOT RECOVERY of 1653.3 –the REST is SPOTS , TA , AND ROUNDIES…
Written By: William Blount
FV -1.87 NUMBAHS S1H 08/29/ 2013 SEP. contract
DAILY WEEKLY
PIVOT 1632.0 1653.3
S1 1625.0 1644.4
S2 1618.0 1627.3
R1 1639.0 1670.4
R2 1646.0 1679.3
MAX H 1655.0 1696.4
MAX L 1611.0 1618.4
Range Projections
1628.5-1642.2 Primary 1648.9-1674.9
1621.5-1635.5 Alternate 1635.9-1661.9
TVS
1625..0 HIGH 1648.1
1625.7 LOW 1646.6
TWO DAY
1645.0-1648.6 HIGH
1615.4-1619.0 LOW
OPG 1627.5 1651.4
H 1639.0 1662.3
L 1625.0 1636.3
C 1632.0 1661.4