Today is series s1L w/ SPILL 79 UP and 21 DOWN… Yesterday’s dive to the mid a.m. LOW was deeper than expectation when it took out the 89 SPOT and bottomed at the BEN 85.25 (with minor noise).This set up LINK STINK or WEDGE ZOOM outcome and both were killed on the late and strong lunch high. A CHART is presented today. The LINE IN THE AND price for the BEARS is 1704.32 cash. If the high yesterday holds , thus sealing the red c=2 then the BEARS have a shot at a very very WEAK MARKET as an expanded folatr with c less than a will have transpired to SEAL the 2nd wave RED bounce. Through the line in the same the lean shifts back to the BULLS.SPOTS TA ROUNDIES.
By William Blount
FV -3.21 NUMBAHS S1L 08/09/ 2013 SEP. contract
DAILY WEEKLY
PIVOT 1691.7 1695.3
S1 1686.5 1685.7
S2 1679.4 1667.3
R1 1698.8 1713.7
R2 1704.0 1723.3
MAX H 1711.1 1741.7
MAX L 1674.2 1623.3
Range Projections
1683.0-1695.3 Primary 1690.5-1718.5
1689.1-1701.4 Alternate 1676.5-1704.5
TVS
1694.8 HIGH 1705.0
1686.1 LOW 1701.6
TWO DAY
1704.5-1708.1 HIGH
1673.0-1676.8 LOW
OPG 1695.7 1682.0
H 1696.8 1705.0
L 1684.5 1677.0
C 1693.7 1704.0