More Weakness

Yesterday’s weakness has follow-through in the Globex Session pushing price down into “deep extreme” territory outlined in prior trade strategy scenario 2: “Extreme downside projections measure 1956.50 – 1954.50, with deep extreme at 1952.75.” Based upon a violation of Cycle … Continue reading

Cycle Day 3

The current 3-Day Cycle is playing out perfectly…Let’s review: Cycle Day 1 (Friday), we wrote in DTS cautioning for a deeper downside move, with 1960.50 as anticipated low (actual low 1960.75)…Cycle Day 2 (Monday) continued weakness pushed price down to … Continue reading

Holding New Highs

S&P e-mini continued to consolidate recent gains holding new high territory, albeit on below average volume in addition to declining net cumulative delta readings…Not a strong combination for being at new contract highs…The story continues to unfold…Stay Tuned! Yesterday was … Continue reading