FOR CHART ABOVE:
1) with new high 2371+, yellow route has 2310 floor
2) no new high (now favored 60/40) has 2295 floor
3) & won't fight this line again until late Monday
4) rest of this chart is current base case
5) zoom out to see 7/3 2680 target
6) meaning base case is 2310-2680 in 8 trading days
7) counting only from Sunday not Friday 2295 low
8) this chart is listed long but obvious STILL SHORT NEXT 12 HOURS
IN ANY OTHER CIRCUMSTANCE, IT'S ALREADY OVER BUT:
1) for this rally we are 5 days late for the low
2) we are one day into rallying zone but...
3) still has not bottomed
4) looks like "rallying zone" won't start until Sunday
5) but I'm really ok with that
6) why?
7) because THIS SETUP IS SOOO GOOD
8) once completed by end of tomorrow
9) trend engine says that we ONLY NEED TO JULY 3RD
10) to deliver 2680
11) those are not typos
12) in this scenario, SUN open 2310 WED night would be 2500
REQUIREMENTS:
1) price needs to top
2) and move to 2295 or 2310 by Friday AM
3) BUT MUST CLOSE FRIDAY 2310