Intraday Projections: Enough Drama on the Seas?

There are quite a lot of charts coming together in the longer-time frame that should get bears nervous near-term. However, Today was projected as a down AM as discussed yesterday. Given the intraday MSP, it could look like markets may have in the optimistic case, a choppy day session into 1:30 PM or could continue overnight more pronounced weakness into 1:30 PM possibly testing the 2044 Cash SPX level mentioned in previous posts. 

August 20th, 2015 Intraday Market Structure Projections

August 20th, 2015 Intraday Market Structure Projections

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