2pm update - bounce...due

Market weaker than just about everyone was expecting, even below my 1335 target. Both the 15/60min cycles are very low. We are due a bounce to the upper 1340s.

I can only imagine the glee and joyous cheerleaders on the clown networks touting 'we're off our lows!' at 3.45pm


sp'15min

Summary

Original 1335 target hit.

Looking to re-short at next 15/60min cycle peak....late Friday..target.. sp'1345/50..possibly 55