SPZ/NDZ projections for Mon. 10/2

Pair High Low Last Chng Rnge %Chg Vty MBI DIF
SP-Z 1350.50 1344.75 1345.50 -1.75 5.75 -0.13 0.43 112 -3
Support and Resistance Levels
S1 1344.42 S2 1343.33 S3 1342.25 S4 1341.17 S2 Prob 49.0 S4 Prob 22.5
R1 1347.29 R2 1349.08 R3 1350.88 R4 1352.67 R2 Prob 52.9 R4 Prob 22.5
Prj Lo 1338.99 Prob % 60.8 Prj Hi 1351.84 Prob % 65.7
5D EMA 1343.61 20D EMA 1330.64
Prj MBI/DIF OB/OS IT OB 1352.03

Projected DIF Reversal Price 1348.00 Buy Prob% 47.7 Prob % Valid Buy 60.6

MBI 112 DIF -3
Trading Bias: Neutral/mildly bearish.

Pair High Low Last Chng Rnge %Chg Vty MBI DIF
ND-Z 1682.00 1669.25 1671.25 -2.25 12.75 -0.13 0.76 112 -3
Support and Resistance Levels
S1 1668.79 S2 1666.33 S3 1663.88 S4 1661.42 S2 Prob 51.2 S4 Prob 20.9
R1 1675.17 R2 1679.08 R3 1683.00 R4 1686.92 R2 Prob 48.8 R4 Prob 25.6
Prj Lo 1658.40 Prob % 39.5 Prj Hi 1680.95 Prob % 55.8
5D EMA 1669.38 20D EMA 1644.25
Prj MBI/DIF OB/OS IT OB 1683.77

Projected DIF Reversal Price 1675.75 Buy Prob% 51.7 Prob % Valid Buy 40.0

MBI 112 DIF -3
Trading Bias: Neutral/mildly bearish.

Forex (Majors) closing Fri. and projections for 10/2

Pair         NY Last     5EMA       20EMA  MBI       Dif   PrjLow PrjHi
EURUSD     12684      12708      12731    90     -6     12631   12734
USDCHF     12502      12458      12436   105      4     12429   12578
USDJPY     11809      11757      11716   117      8     11755   11862
GBPUSD     18717      18825      18858    87     -9     18651   18780
USDCAD     11177      11152      11167    91      2     11131   11217

Range projections for the next NY trading session until 1500 ET (2000 GMT)

EURUSD   Prj Lo  12631   Prob % 47.1     Prj Hi  12734   Prob %  43.9
USDCHF   Prj Lo  12429   Prob % 29.8     Prj Hi  12578   Prob %  27.6
USDJPY   Prj Lo  11755   Prob % 36.5     Prj Hi  11862   Prob %  41.8
GBPUSD   Prj Lo  18651   Prob % 31.1     Prj Hi  18780   Prob %  33.8
USDCAD   Prj Lo  11131   Prob % 33.2     Prj Hi  11217   Prob %  33.4

EURUSD projections for Monday 10/2

EURUSD  High    Low      Last    Change   MBI    DIF
60925  12820   12732    12761      -25    102     -2
60926  12762   12663    12699      -62     94     -7
60927  12719   12672    12709       10     94     -5
60928  12733   12679    12711        2     95     -3
60929  12714   12639    12684      -27     90     -6

Support and Resistance  Levels
S1  12664  S2   12644  S3   12624  S4   12604  S2 Prob 40.2  S4 Prob 14.6
R1  12702  R2   12719  R3   12737  R4   12754  R2 Prob 35.2  R4 Prob 16.4
Prj Lo   12631 Prob %  47.1  Prj Hi 12734  Prob %  43.9
5D EMA   12708       20D EMA       0

Prj MBI/DIF OB/OS              I/ST OS   12669
Projected Daily Reversal Price           12699
Buy Prob(%)  49.8    Valid Buy Prob (%)   70.8

Trading Bias & Tactics : Neutral/buy reactions below I/ST OS at 12669 in the 12644
(S2)/12631 (PrL) levels. Add on a test of S4 to the 12600 area for a rebound based
on the I/ST OS MBI/Dif and ST/OS 5 RSI. GER/E12 MfgPMI o/n Monday and US consumer
spending on the calendar.

SPZ/NDZ projections for Fri. 9/29

Pair       High        Low          Last      Chng  Rnge   %Chg Vty   MBI  DIF
SP-Z   1350.00    1343.00    1347.25   -0.50    7.00  -0.04  0.52 115    0
Support and Resistance  Levels
S1   1345.38 S2  1343.50 S3  1341.63 S4  1339.75 S2 Prob   48.5  S4 Prob  22.8
R1   1348.88 R2  1350.50 R3  1352.13 R4  1353.75 R2 Prob   52.5  R4 Prob  22.8
Prj Lo   1340.68   Prob %  61.4  Prj Hi  1353.60  Prob %   65.3
5D EMA   1342.66     20D EMA   1329.08
Prj MBI/DIF OB/OS  IT OB       1349.98

Projected DIF Reversal Price   1349.75 Buy Prob%  47.3   Prob % Valid Buy 61.4

MBI      115   DIF       0
Trading Bias: Bearish on the reversal Thurs. Still OB basis 5&14 RSI. End of month/qtr.
plays a role however today. Monday may be the day we see a sharper reaction.

Pair       High        Low          Last      Chng  Rnge   %Chg Vty   MBI  DIF
ND-Z   1680.50    1661.25    1673.50   -3.75   19.25  -0.22  1.15 114   -2
Support and Resistance  Levels
S1   1668.25 S2  1663.00 S3  1657.75 S4  1652.50 S2 Prob   50.0  S4 Prob  21.4
R1   1677.88 R2  1682.25 R3  1686.63 R4  1691.00 R2 Prob   50.0  R4 Prob  26.2
Prj Lo   1660.40   Prob %  40.5  Prj Hi  1683.18  Prob %   54.8
5D EMA   1668.44     20D EMA   1641.44
Prj MBI/DIF OB/OS  IT OB       1678.40

Projected DIF Reversal Price   1678.50 Buy Prob%  50.0   Prob % Valid Buy 42.9

MBI      114   DIF      -2
Trading Bias: Bearish on the Thurs. reversal. Same comment re: month/qtr end as for SPZ.

Forex (Majors) closing Thurs. and projections for 9/29

Pair         NY Last     5EMA       20EMA  MBI       Dif   PrjLow PrjHi
EURUSD     12711      12720      12735    95     -3     12658   12761
USDCHF     12458      12436      12429    99      0     12385   12534
USDJPY     11783      11732      11706   112      8     11729   11837
GBPUSD     18764      18879      18873    91     -9     18698   18827
USDCAD     11098      11139      11166    83     -4     11052   11138

EURUSD
Prj Lo   12658 Prob %  49.6  Prj Hi 12761  Prob %  51.9

USDCHF
Prj Lo   12385 Prob %  32.3  Prj Hi 12534  Prob %  28.6

USDJPY
Prj Lo   11729 Prob %  37.8  Prj Hi 11837  Prob %  40.0

GBPUSD
Prj Lo   18698 Prob %  32.3  Prj Hi 18827  Prob %  36.6

USDCAD
Prj Lo   11052 Prob %  37.2  Prj Hi 11138  Prob %  34.9

EURSUD projections for Friday 9/29

EURUSD  High    Low      Last    Change   MBI    DIF
60922  12830   12777    12786       -1    109      4
60925  12820   12732    12761      -25    102     -2
60926  12762   12663    12699      -62     94     -7
60927  12719   12672    12709       10     94     -5
60928  12733   12679    12711        2     95     -3

Support and Resistance  Levels
S1  12697  S2   12682  S3   12668  S4   12654  S2 Prob 44.2  S4 Prob 17.6
R1  12724  R2   12736  R3   12749  R4   12762  R2 Prob 47.6  R4 Prob 19.9
Prj Lo   12658 Prob %  49.6  Prj Hi 12761  Prob %  51.9
5D EMA   12720       20D EMA       0

Prj MBI/DIF OB/OS              ST OS     12641
Projected Daily Reversal Price           12725
Buy Prob(%)  40.3    Valid Buy Prob (%)   70.4

Trading Bias & Tactics : Bullish on reactions to ST/OS levels at 12641
or on an upside reversal though 12725. Busy data day with GER retail
sales at 0200 ET then E12 industrial and consumer confidence at 500
as well as CPI. US PCE at 0830 then UoM CSI 0945 and Chi PMI at 1000.

SPZ/NDZ projections for Thur. 9/28

Pair       High        Low          Last      Chng  Rnge   %Chg Vty   MBI  DIF
SP-Z   1350.25    1343.25    1347.75    1.00    7.00   0.07  0.52 117    2
Support and Resistance  Levels
S1   1345.83 S2  1343.92 S3  1342.00 S4  1340.08 S2 Prob   48.0  S4 Prob  23.0
R1   1349.33 R2  1350.92 R3  1352.50 R4  1354.08 R2 Prob   53.0  R4 Prob  23.0
Prj Lo   1341.16   Prob %  62.0  Prj Hi  1354.14  Prob %   66.0
5D EMA   1340.36     20D EMA   1327.17
Prj MBI/DIF OB/OS  IT OB       1351.02

Projected DIF Reversal Price   1344.75 Sell Prob% 52.4   Prob % Valid 51.9

MBI      117   DIF       2
Trading Bias: Neutral/bearish: sell a downside reversal at 1344.75 14RSI is quite OB and
we can go IT/OB basis MBI at 1351.00 or better today.

Pair       High        Low          Last      Chng  Rnge   %Chg Vty   MBI  DIF
ND-Z   1683.25    1664.75    1677.25    3.75   18.50   0.22  1.10 117    0
Support and Resistance  Levels
S1   1672.08 S2  1666.92 S3  1661.75 S4  1656.58 S2 Prob   48.8  S4 Prob  22.0
R1   1681.33 R2  1685.42 R3  1689.50 R4  1693.58 R2 Prob   51.2  R4 Prob  26.8
Prj Lo   1664.13   Prob %  39.0  Prj Hi  1686.99  Prob %   56.1
5D EMA   1665.91     20D EMA   1638.13
Prj MBI/DIF OB/OS  IT OB       1683.24

Projected DIF Reversal Price   1676.75 Sell Prob% 48.1   Prob % Valid 30.8

MBI      117   DIF       0
Trading Bias: Neutral/bearish: we closed below the projected downside reversal price Weds.
at IT/OB levels basis 14RSI and not far from IT/OB basis MBI. Also three straight gains to factor in.

EURUSD projections for Thursday 9/28

EURUSD High Low Last Change MBI DIF
60921 12790 12679 12787 91 110 7
60922 12830 12777 12786 -1 109 4
60925 12820 12732 12761 -25 102 -2
60926 12762 12663 12699 -62 94 -7
60927 12719 12672 12709 10 94 -5

Support and Resistance Levels
S1 12695 S2 12681 S3 12667 S4 12653 S2 Prob 25.3 S4 Prob 11.2
R1 12719 R2 12728 R3 12738 R4 12747 R2 Prob 26.3 R4 Prob 10.4
Prj Lo 12656 Prob % 29.5 Prj Hi 12759 Prob % 25.8
5D EMA 12725 20D EMA 0

Prj MBI/DIF OB/OS ST OS 12659
Projected Daily Reversal Price 12726
Buy Prob(%) 40.3 Valid Buy Prob (%) 75.9

Trading Bias & Tactics : Neutral lean toward buying reactions to ST/OS
around 12659 or on a upside reversal at 12726. The 12659 OS level also
gains support from PrL at 12656 and S4 at 12653. GER unemployment at
0355 ET could move things ahead of NY trading as could the 0830 ET
Final 2Q GDP report.

Forex (Majors) closing Weds. and projections for 9/28

Pair NY Last 5EMA 20EMA MBI Dif PrjLow PrjHi
EURUSD 12709 12725 12738 94 -5 12656 12759
USDCHF 12441 12431 12428 99 0 12368 12517
USDJPY 11745 11706 11698 106 6 11691 11799
GBPUSD 18890 18938 18892 93 -8 18824 18953
USDCAD 11099 11147 11169 79 -8 11053 11139

EURUSD
Prj Lo 12656 Prob % 29.5 Prj Hi 12759 Prob % 25.8

USDCHF
Prj Lo 12368 Prob % 30.6 Prj Hi 12517 Prob % 26.6

USDJPY
Prj Lo 11691 Prob % 37.5 Prj Hi 11799 Prob % 40.0

GBPUSD
Prj Lo 18824 Prob % 32.3 Prj Hi 18953 Prob % 36.6

USDCAD
Prj Lo 11053 Prob % 37.1 Prj Hi 11139 Prob % 34.8

EURUSD projections for Thursday 9/28

EURUSD  High    Low      Last    Change   MBI    DIF
60921  12790   12679    12787       91    110      7
60922  12830   12777    12786       -1    109      4
60925  12820   12732    12761      -25    102     -2
60926  12762   12663    12699      -62     94     -7
60927  12719   12672    12709       10     94     -5

Support and Resistance  Levels
S1  12695  S2   12681  S3   12667  S4   12653  S2 Prob 25.3  S4 Prob 11.2
R1  12719  R2   12728  R3   12738  R4   12747  R2 Prob 26.3  R4 Prob 10.4
Prj Lo   12656 Prob %  29.5  Prj Hi 12759  Prob %  25.8
5D EMA   12725       20D EMA       0

Prj MBI/DIF OB/OS              ST OS     12659
Projected Daily Reversal Price           12726
Buy Prob(%)  40.3    Valid Buy Prob (%)   75.9

Trading Bias & Tactics : Neutral lean toward buying reactions to ST/OS
around 12659 or on a upside reversal at 12726. The 12659 OS level also
gains support from PrL at 12656 and S4 at 12653. GER unemployment at
0355 ET could move things ahead of NY trading as could the 0830 ET
Final 2Q GDP report.