Intraday Projections: Bull Trap in Progress

MSP Projection have guided us well so far. Yesterday day session went about as perfectly as possible with the MSP bounce timing and favorability indicated live with eTick Tools triggers as well around 1:30 PM.  Today, achieving lows around 4:00 Am rather than highs suggests a favorability towards a more sustained upwards reaction - perhaps into tomorrow AM even. Critical is behavior into 1:00 PM timing. If we are making highs into or around this area - afternoon shifts for pronounced weakness. If market is making a moderate pullback into 1:00 PM +/- probabilities favor strength into the close. Currently weakness after 1:00 PM window is slightly favored probability wise.

August 4th, 2015 Intraday Market Structure Projections

August 4th, 2015 Intraday Market Structure Projections

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