2680 IN 44 HOURS DRAFT 1, IF TODAY CLOSES 2520
BFS's proprietary trend engine is calling for runaway top at 2680+ before Tuesday's NY open. This is first draft of this move if today closes 2520. I am working for the 2530 close for which right now at 2503.90 and 12:43 PM ET, on Friday 8/23 is the 51-49 favorite vs 2520 close. This is so we have something to go buy (by) while I finish mapping.
Note
12:57-- I have this wrong, THIS IS THE 2530 CLOSE.
1) I switched settings but didn't know it
2) so the 2520 close would be slow by 1 day
3) so early look:
Note
Note
1) This is a really bad first 2 drafts.
2 It assume even vol through out.
3) That's unlikely to happen.
4) It this should be a 4-5 day rally
5) But that almost guarantees 2700.
6) So we will see soon.
7) Consider this post finished.
8) Obviously will follow up.
Note
THIS IS THAT FOLLOW UP:
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