Updated

PREPWORK TO 10/13

HEADER - This is continuation after PREPWORK TO 9/30.

SUMMARY - We are in for a strong dead cat bounce to 1880 by end of Friday. The whole next week will be 1880 to 1730-ish.

DETAILS - See most recent work linked below.

NOTES - Will add when possible.

Note

7:28 AM ET 10/04
1) we are double topping 1927-1930 BEFORE ADP in an hour
2) then back to 1817 after ADP

Note

7:36, maybe 1817 before adp.
1) it's moving down already
2) so spike after adp up

Note

9:16 AM ET... 1826.XX.
1) so double top was after ADP around 1830
2) maybe 1819 after U.S. opens

Note

10:12AM ET so got to 1817, bulls round 2.
1) bulls have window to 1832 in hours again
2) but that window needs immediate reaction from perceived floor

Note

11:02 AM bulls running out of time...
If bears get strong here it's down a lot

Note

12:22 AM ET
1) bulls need that second leg to 1930-1932
2) but they need to start that move soon
3) it's still a fight to determine next weeks's outcome
4) and whether or not this map plays
5) if we get that second leg to 1932 ish, I'm confident this map plays

Note

1:08 PM So I guess it is 1805 next... if bulls don't spike this up HARD.

Note

1:21 PM ET 1805 next
1) bulls out of time
2) barring mirracle 10 pt spike in 30 min and then having to hold vs reaction...
3) the setup is now 1805 next
4) for the purposes of this map (chart at top) ... it is dead

Note

1:32 PM ET 1818.xx
5) so this set of curves will finish 1805 tonight, or tomorrow at the latest
6) so whatabout Thursday
7) if you've been following me lately, next step down is 1767
8) I don't know, but I am not expecting a giant reaction at 1805 to slow this move down
9) I just now realized exactly how much can change in just a few points or an hour or two
10) keep on shorting it

Note

11) 1:40 PM, so my chart simplified looks like this now:

Note

2:06 PM ET THIS POST HAS ENDED -- HERE IS NEXT 36 HOURS
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