MDA - Market Direction Analysis

[LG]

Ek: By the way, those retrace numbers are only rough estimates as they were plotted using yesterday's high. If the futures don't begin a pullback prior to regular market hours the COMPX should set a higher high today. My "all sessions" models suggest a futures give back into the open.

Some folks are looking for the 1/13 pivot high for the COMPX as a rough target for this leg up, 1467.35. Methinks not this leg up...

Keep in mind I am not watching the markets closely at this time and do not consider myself tuned in or having my finger on the pulse so to speak. I hope you guys don't mind me jumping in here and there anyway while I work at getting my trading desk set up.

Regards,
LG