The Equity Indices are putting in stranded closes with this gap lower today.

This has the potential to turn into a mean reversion back to the 50 DMA @ 2124 which is also the matrix breakout.

Spu’s would need to trade 2184.80 to not leave the potential 1 day Island.

The Nasd 100 does not show this pattern.

Enclosed is a video to explain the matrix and how to utilize it.

Matrix levels are generated for instruments with an underlying Futures contract.

Any questions after you watch this, please be in touch.

Watch this. IT SHOULD HELP CRYSTALLIZE THE METHODOLOGY.

How to utilize the static closing levels that rarely change.

The # sets have a lemming effect quality in that instruments gravitate from one to the next.

They are closing levels so you can identify ranges and break away moves.

Having the matrix in front of you takes away the micro management (measuring & remeasuring) of the expected moves.

All you have to do is simply look for the next matrix # for the general if not the precise level.

Prices gravitate to the next level. The work shows the next expected price move, not

the time to get to the next # set.

I’m not going to get into why they work.
After 40 years of following them all you need to know is that they just do!