Blount’s Numbahs Friday: The Spill is Up

William Blount

Fri, Dec 30, 2016, 10:00 AM

Good Morning – Today is Series S4L and the SPILL is UP. Yesterday we reverted to a more compressed range of 9.8 handles and volume contracted again to 883K from the EXPANDED 23 handle range and 977K volume. Here is the point, the crux, and a synopsis:

The BULLS failed to go after the 2272 SPOT or the upper edge of the 2272/2282 sticky fib (lessers) envelope MUCH LESS WHAT IS THE MOST IMPORTANT singular overhead cash price: 2285.92 +.01. The BEARS took price below the 2242.5 SPOT NEEDED in order open doors to lower prices BUT IN NO WAY HAVE THEY CONVERTED THAT PRICE TO RESISTANCE… When we entered this two week period the PRIOR WEEKLY CLOSE was 2255.3 BIG FUTURES CONTRACT & 2258.07 CASH. Warnings, heads ups, and price parameters were given s follows in advance:

FV -5.08 S1H NORMAL 12/19/16 March 2017 contract

HONING — Price closed the week 1.3 handles below this week’s WEEKLY PIVOT. The weekly pivot, 2256.9 is .1 below the 2257!!! SPOT–If those exclamation marks do not ring a bell or all the discussion about 2257!!! Being the largest fib generated SPOT between 2228.5 SPOT and 2257 then WAKE UP PLEASE… 2257 SPOT is going to be the over under. The BEARS accomplish nothing until 2242.5 SPOT is killed. The BULLS are in MUST PERFORM and for starters they MUST take out the NO MANS’ ZONE REPEATEDLY DISCUSSED AND SHOW ON SPOTS CHART LAST WEEK. It ENVELOPES the 2266 SPOT and is 2264.5 to 2267.5 (THE NEW YELL)… USE 2248-2266 and WORK IN… I hope in reading this, you understand that the next 2 weeks have the potential to for being nothing more than a minnow/sardine fest especially and about the most one can expect is a touch of the 2285.83 pr the break of 2242.5 spot IN ORDER TO ASSESS THE what next… SPOTS TA ROUNDIES