ES - 4Hr Channel / Micro Wedge Objectives

Globex has front-run 4500 by 2.5 Handles @ 4497.50 as of 632 AM EST.

It will continue to 4500, the reaction there will provide further indications
as to whether the ES pulls back or continues in Extensions Higher.

Breadth in the SPY is waning, it remains a poorly structured retracement
on declining volumes.

Building Permits and Housing Starts will be on the Macro Deck today.

ST Durations are beginning to overheat. we anticipate a pullback the
range of 4432.50 to 4500. Where it finds support will be instructive.

We have structured the following ST SELL for the ES INV Ladder:

1 x 96
1 x 98
2 x 00
2 x 10
2 x 16

October 21 continues to provide Time Signatures that suggest an
important Event will arrive 24 hours on either side.

We shall see.

TSLA has piqued our interest - A Sell ladder was begun:

STO 200 x 876.50
STO 200 x 875.50
STO 200 x 874.50

As well, we structured a PUT Calendar Spread for Entry today from
820 - 920 with the Objective of adding 120 Puts for the Spread.

We intend to increase the Sell to 920 should it continue higher into
earnings.

Comment:

Closed 2 BTO @ 04 @ 96
Closed 2 BTO @ 02 @ 96
Closed 2 BTO @ 00 @ 95.75

Comment:

Closed remainder ES @ 92, done until ES Session