Zeev's Turnips Patch-No Politics (ZEEV)

[ajtj99]

There is a problem with overlap in that area. Actually, we've already got overlap on the COMP today's highs (slightly above the 1675.18 low last week), so the hard down near term scenario some folks are looking for is not going to be a favorite for me.

If this happens, we could still get an extension of the drop to COMP 1613 after a correction up later this week. That would need to be followed by another move up in early September before a furious downdraft could start in earnest, IMO.