SPY : Quarters Ahead
Updated
This Jag is on the edge.
Observe SPY Jag perched on the boundary of the red area, right after bouncing off of lower Grey; G ( ). That is 'Now', at the moment of posting.
The actual Parabolic Horn the Jag is evolving in, is Blue. The lower boundary of Blue, B ( ), is not good enough. That curves goes shallow to soon.
Lower Red Horn boundary, lower R ( ) is a big deal. It precipitated as a consequence of the Jag falling off a cliff 08 Oct '18. It is to steep. Not practical, Too hot.
The Grey area G ( ) is the intersection of curves rooted in the months bore the big correction. These are: 19 Apr '18 and 13 Jun '18. That curve became the support for the 30 Oct '18 and 06 Dec '28 bounces. It provided ground then and most recently, 07 Feb '19. That confirmation of the model prompts this communique. Lets follow along this space.Not to cold, not too hot.
Plainly: the field ahead is navigable, like an Odessian Caribdos. Easy! Soft growth along Solid Green SG ( ) Or along upper Blue B ( ). Either way The Jag could end up in "satisfied with reaching " H ?
H ? is an area of intersection of several horns. Think of it as an attractor. Lets not get stuck there.
A stellar recovery may be advancing at the current average slope { the 153 MA }, wile climbing along grey corridor G ( ).
The Green Curves g1, g2, are well rooted in the action during the autumn correction. Curves g1 and g2 can be resistance. Seek to bounce the Jag of those in case of another destabilization.
Lets not cry foul if the Jag progresses along SG ( Solid Green, It is the fundamental Parabolic Support derived from the Jan 18 market correction.
Finally : Dashed Green is the very large scale trend. See "SPY single line"
( I will post a close up after midnight )
Observe SPY Jag perched on the boundary of the red area, right after bouncing off of lower Grey; G ( ). That is 'Now', at the moment of posting.
The actual Parabolic Horn the Jag is evolving in, is Blue. The lower boundary of Blue, B ( ), is not good enough. That curves goes shallow to soon.
Lower Red Horn boundary, lower R ( ) is a big deal. It precipitated as a consequence of the Jag falling off a cliff 08 Oct '18. It is to steep. Not practical, Too hot.
The Grey area G ( ) is the intersection of curves rooted in the months bore the big correction. These are: 19 Apr '18 and 13 Jun '18. That curve became the support for the 30 Oct '18 and 06 Dec '28 bounces. It provided ground then and most recently, 07 Feb '19. That confirmation of the model prompts this communique. Lets follow along this space.Not to cold, not too hot.
Plainly: the field ahead is navigable, like an Odessian Caribdos. Easy! Soft growth along Solid Green SG ( ) Or along upper Blue B ( ). Either way The Jag could end up in "satisfied with reaching " H ?
H ? is an area of intersection of several horns. Think of it as an attractor. Lets not get stuck there.
A stellar recovery may be advancing at the current average slope { the 153 MA }, wile climbing along grey corridor G ( ).
The Green Curves g1, g2, are well rooted in the action during the autumn correction. Curves g1 and g2 can be resistance. Seek to bounce the Jag of those in case of another destabilization.
Lets not cry foul if the Jag progresses along SG ( Solid Green, It is the fundamental Parabolic Support derived from the Jan 18 market correction.
Finally : Dashed Green is the very large scale trend. See "SPY single line"
( I will post a close up after midnight )
Note
this system lost my freshly set model . . . AGAIN!Note
Grow it along Top of grey channel . It's going to H ( ) beware there.
Preferably, grow along top of Blue channel.
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