PDF of the Report here.
Here is the video discussion of this Report.
Bottom line for this week:
Market structure and the internal technical condition of the market suggest a rally, and potentially a strong rally, is imminent.
HOWEVER, if the indices can't mount a rally from very near present levels we will likely see immediate hard selling and a severe test of the June lows.
Regardless of whether or not the market rallies immediately, or it washes out first, a strong rally that begins by Wednesday seems to be a high probability. Sooner (immediately) if present divergences resolve bullishly, later (Wednesday/Thursday) if we're about to have a mini-crash into midweek.
US cash markets are closed until Tuesday. Globex opens Sunday evening at 6 PM, then closes at noon on Monday. I suspect we will know the resolution of the numerous present divergences before the cash open on Tuesday.
I will be updating the potential scenarios and important levels each day for Members.
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