The official EminiForecaster forecast for the trading week ending October
1st is now posted.

There are no changes to the forecast. We expect the market to decline next
week all week.

Be cautious during this down cycle as the bulls appear to be in charge and
may vigorously defend declines (especially in the first couple days of the
week or so).   Declines that are precipitated by news may be more vigorous.
Basic key levels are 1145 and 1162 on the upside and 1118 and 1100 on the
downside.  As always, look to counter breakouts of these levels that occur
on low volume- especially on a closing basis.

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.

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