Today is series s2L SLIGHT IFFY and the SPILL PRESSURE IS UP.
TODAY, I thought seriously of just sending the COMMENTARY FROM MONDAY AGAIN and re-attaching the charts. NOTHING, ABSOLUTELY NOTHING HAS CHANGED. WE HAVE DONE ONE VERY TIGHT BRACKET SINCE THE A.M. LOW ON THE HOW DEEP IS YOUR 3 DAY MONDAY at 11:15 a.m.-SEE 5 MIN CASH CHART.
The whole week and the BRACKET seen at weekly level is HIGHLY COMPRESSED-17 handles. Bulls are trying to keep 1700 cash within reach and Bears are trying to go after the 1681.5 CONFIRMED having vacillated around the 1693 COMMITTED SPOT all this week. Recovering the 1702.5 SLICED AND DICED SPOT following the BEN last Friday, the BEARS KEPT IT OVERHEAD ON MONDAY, score one for the BEARS.
THE BEARS HAVE ALSO KEPT THE BEN PRICE of 1695.75 OVERHEAD ON A CLOSE BASIS EVERY DAY THIS WEEK.MORE IMPORTANTLY, the bears have successfully rejected PRICE on both of the best POSSIBILITIES presented to the BULLS:
1.Tuesday -s3L WILD CARD DAY COULD NOT REGAIN the 1702.5 SPOT OR WEEKLY PIVOT and was soundly rejected in an “A” from the 1700 ROUNDY.
2.Yesterday came in s1L but quickly revealed the INVERSION point that only has 21 % odds as have taken place on the late decline during the last hour on WEDNESDAY.
WHAT’S NEXT– This bracket will resolve –IF we get a normal 2L, unlike the aberrant formation that was very WEAK on MONDAY then the current FRIDAY/MONDAY transition should produce a run at 1710 to 1717 cash. IF we get an aberrant day as was the case Monday , then a MOVE to 1681.5 FURSTPASS is in the cards…SPOTS TA ROUNDIES…
By William Blount
FV -6.57 NUMBAHS S2L SLIGHT IFFY 09/27/ 2013 DEC. contract
[table]
DAILY , WEEKLY
PIVOT 1692.0 , 1704.7
S1 1686.7 , 1685.9
S2 1680.7 , 1669.4
R1 1698.0 , 1721.2
R2 1703.3 , 1740.0
MAX H 1709.3 , 1756.5
MAX L 1675.4 , 1650.6
[/table][table]
Range Projections ,
1689.4-1700.7 Primary , 1695.3-1730.6
1683.7-1695.0 Alternate , 1677.7-1713.0
[/table][table]
TVS,
1692.1 HIGH , 1723.5
1689.4 LOW , 1723.1
[/table][table]
TWO DAY
1706.0-1709.6 HIGH
1673.7-1677.3 LOW
[/table][table]
OPG 1690.0 , 1699.5
H 1697.3 , 1723.5
L 1686.0 , 1688.2
C 1692.7 , 1702.4
[/table]
