Revised Thursday Model for 7.7.22
Updated
I have posted last week's original model, and the actual data from 6.30 that was averaged into the model for Thursday 7.7. Look for a rise until 11:50 AM with a drop until 12:15, followed by a gradual slow rise to end of day.
No time tonight to draw pretty lines for you all. Hope this helps everyone. Again--patterns shift over time, so always follow price action.
No time tonight to draw pretty lines for you all. Hope this helps everyone. Again--patterns shift over time, so always follow price action.
Trade closed: target reached
Post Mortem Analysis:Today was a great trend day. And the moving average model actually captured this sentiment, with a strong move upward towards close. I have updated the model with today's data going forward for 7.14.22
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