Pivot is king...

Recalled we said position for shorts yesterday. Today, it dropped at open because of lousy GDP. But no sweats, as soon as it fell below 635 pivot, shorts were initiated and they were closed out at
about s1 (631). The rest of the day was left to the amateurs. Since it closed below s1 today, more sellings are expected tomorrow. Follow the pivots and you will never get hurt. Unlike others, we do not have to straddle anything nor do we have to play market both ways for we know what we are doing with powerful statistical analyses that are into the futures. Remember we have not lost one single trade so far. Today is the last day chart is posted. From now on use your imagination. Tomorrow's numbers are 634, 631 and 627. You can see this is an NR7. However, since we are sitting on the confluence of averages, it can still break out either side. The bias though is down.

2c