The effort required to barely sustain altitude on Monday was telling. Is it possible this hoax is about to sink without even having achieved the modest 2016.00 target shown? It certainly feels like it — feels, at least, like the futures may have to come all the way down to p=1946.63 before bulls can get traction. As you may have surmised, I am suggesting that you pass up the ostensible ‘mechanical’ buying opportunity at 1981.31, because the futures look too punk to traverse the 35-point gap to 2016.00 straightaway. Instead, I’ll recommend jumping on a short if the hypothetical pattern I’ve sketched at the rightmost edge of the chart pans out as envisioned.
