scrape on bye

ok so mananged to scrape back above the cover level yesterday but i do think there is the possibility for a test of the mid-point and S5 now.

Note we are at the 3rd arm of the T structure and we have a sell warning in place from the T vol oscillator.

Chart of S&P500 for 4 March 2015

more of the same

Note: sell-offs in early trade should be watched for potential turnarounds

Although the cover level was 2087 we only traded below that in the first half hour… important to give a little in time and price… especially when the projection is higher prices.

Chart of S&P500 for 23 February 2015