Triple 000 and Sub-penny Chart Plays

[trader53]

CTLE vs SPX

for Monday August 24, 2015

https://caldaro.wordpress.com/

The gap down opening today made no doubt that
the market is in Primary IV.

The four major indices
have already had their largest corrections since 2011.

Today’s activity, which was quite volatile,
looks similar in some ways to the flash crash of 2010.
Only that occurred during trading hours.

As a result of today’s activity
we have updated all the SPX charts to display

a Primary III high at SPX 2135,
a Major A at SPX 2044,
a Major B at SPX 2133,
and Major C underway.

Support for Primary IV
should arrive between the 1828, 1841 and 1869 pivots.

The market dropped to the 1869 pivot this morning,
rallied to the 1956 pivot, and then started to decline again.

Volatile day!
Short term support at the 1869 and 1841 pivots,
with resistance at the 1901 and 1929 pivots.

Short term momentum
only managed to get out of oversold territory
during today’s midday rally,
then closed at oversold again.

Careful out there,
this is a very volatile market.






Support for Primary IV
should arrive between the 1828, 1841 and 1869 pivots.

a Primary III high at SPX 2135,
a Major A at SPX 2044,
a Major B at SPX 2133,
and Major C underway.







Date..................Short Interest..........% Change
Jul 31, 2015..........2,196,161............ 36,146%
Jul 15, 2015..............6,059............... -61%
http://www.otcmarkets.com/stock/CTLE/short-sales

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=116389902





http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=2&dy=10&id=p81441093128

http://stockcharts.com/h-sc/ui?s=CTLE&p=D&yr=0&mn=4&dy=0&id=p41968891283