HEADER - There are 2 paths now for next 62 days, that is until 12/20.
SUMMARY - Bearish route is 7/10 favorite. The trade is to short the bounce 12/11 to 12/22. FOMC is 12/14 or so, need to confirm.
DETAILS - The decisive window is NOW TO 11/07. October NFP reports on 11/04. 1607 is most recent low AND MUST HOLD THROUGH 11/07 FOR BULLS TO HAVE A REAL CHANCE. If bearish curves hold to 12/21, the 2 week following that should deliver THE PERFECT SHORT.
SUMMARY - Bearish route is 7/10 favorite. The trade is to short the bounce 12/11 to 12/22. FOMC is 12/14 or so, need to confirm.
DETAILS - The decisive window is NOW TO 11/07. October NFP reports on 11/04. 1607 is most recent low AND MUST HOLD THROUGH 11/07 FOR BULLS TO HAVE A REAL CHANCE. If bearish curves hold to 12/21, the 2 week following that should deliver THE PERFECT SHORT.
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TYPO: 1607 is the "retest limit" of the most recent low which was 1615 AND MUST....
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