The tentative EminiForecaster forecast for the trading week ending October
1st is now posted. (click "next

We expect the market to decline next week all week.

The Federal Reserve meeting has thrown a bit of a bone into the trend we
expected for this week and has caused volatility to increase.  Though, as
we have seen, the market appears to be resilient to the down gaps like we
saw this morning.  The cycle does appear to be down going forward through
the end of the month, and starting on Monday.

In terms of the anticipated range from last week, we did manage to see the
key resistance level a couple times during the week making for some good
trading (or profit taking) opportunity there.   This morning we tested the
low for the week making this a strange week, with most of the range
occurring in overnight sessions and gaps etc.

I do not expect there to be any change to the forecast, so it will remain
unchanged over the weekend.

For tomorrow, we expect trading to be mixed with some possible selling in
the afternoon.

As always, manage risk prudently, next week we might see more trending and
range expansion than this current week.

Wishing you the very best,

Rob, Vadim & Staff