830 8:30 am

monthly – bias short . next target down is 716. 915 long entry price. 672 is 62% of 2002 -2007 move. selling pressures showing divergence at these lows.

weekly – bias long. resistance at 887. next objective 946-961.  719 new short entry price. buying pressures weak. momentum still negative. time pressures up.

daily – bias short.  short entry price of 832 acting as resistance. next objective 765.  selling pressures pulling back into a rising momentum up.  look to intraday for a trade.  need 879 to breakout on the upside.   Ben’s PTI is extended down = take short profits and stand aside.  CIT on 12/3.

intraday – flat.  813-808 the end of a short trade.  814 short entry to 772. 853 long entry to 892. pressures up.  the 12/1 cycle has ended, expect upward time pressure.