Intraday Projections: Market Flux Capacitor Powered by Vapor

As we are all probably aware a "Flux Capacitor" can be powered by leftover orange peels, aluminium cans, already smoked marijuana, delusions of grandeur or Grand Mariner Cognac. Currently, the prime question is what are the Central Planners consuming and how much more "delusional of Grand Mariner" are they capable becoming? Yesterday was truly impressive.

Today's market structure projections, favor a 6:30 AM high with weakness thereafter into the open. 50/50 odds of attempt to buy open could lead to some strength into mid-day.  However, strength into the open or NO BOUNCE near it alters this scenario risk skew with prices will likely bias towards AM weakness from the open with stabilization attempt in the afternoon via strength/recovery in the afternoon. however, please note the comments on the chart.

August 21st, 2015 Intraday Market Structure Projections

August 21st, 2015 Intraday Market Structure Projections

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