THIS IS WHERE WE ARE AT. ANYTHING UNDER 1800 IS A GIFT. LAST CHANCE IS FRIDAY NFP.
Notes:
1. This post is on Wed night of 8/4. This channel is derived from regression curves. I usually have them on.
2. For the purposes of this chart, it's easier with them off.
3. As of this second, INFINITE REGRESSION targets 2070 by 8/27.
4. If it's only 2055, give me a break.
5. This scenario (currently dead on favorite) HAS 1 REQUIREMENT...
6. ... THAT PRICE MUST BREAK THROUGH ORANGE DOTTED DIAGONAL BY 8/10 NEW YORK CLOSE DEADLINE.
7. In the situation that does not happen, this dotted line will be the ceiling through 9/6 (we will deal with that next week)
8. That means 2070 would be 9/2-9/6, delayed by 11 days.
9. In this chart:
a) black vertical line - Non-Farm Payrolls on Friday 8/6, 7:30 AM ET
b) yellow vertical line - August new moon, roughly 2 PM ET on Sunday 8/8
c) orange vertical line - Consumer Price Index, Wednesday 8/11 7:30 AM ET
d) red vertical line - Producer Price Index, Thursday 8/12 7:30 AM ET
e) blue vertical line - Jackson Hole FOMC, Saturday 8/28
f) red diagonal - ceiling of channel to 8/27
g) blue diagonal - floor of said channel
h) black diagonal - median said channel, I am aware it's NOT EXACTLY IN THE MIDDLE (60-40 lower split)
i) red/black channel should control price action to 8/13
j) black/blue channel should control price action rest of the way to 8/27
k) both B1 & B2 are sell targets (should hit 8/11 to 8/13)
l) YOU WILL GET A BREAK PRIOR TO 8/20 CIRCA 1910+/-20 (this depends on whether 8/12 high is 1920 or 1960).
m) will add if I have time.
Notes:
1. This post is on Wed night of 8/4. This channel is derived from regression curves. I usually have them on.
2. For the purposes of this chart, it's easier with them off.
3. As of this second, INFINITE REGRESSION targets 2070 by 8/27.
4. If it's only 2055, give me a break.
5. This scenario (currently dead on favorite) HAS 1 REQUIREMENT...
6. ... THAT PRICE MUST BREAK THROUGH ORANGE DOTTED DIAGONAL BY 8/10 NEW YORK CLOSE DEADLINE.
7. In the situation that does not happen, this dotted line will be the ceiling through 9/6 (we will deal with that next week)
8. That means 2070 would be 9/2-9/6, delayed by 11 days.
9. In this chart:
a) black vertical line - Non-Farm Payrolls on Friday 8/6, 7:30 AM ET
b) yellow vertical line - August new moon, roughly 2 PM ET on Sunday 8/8
c) orange vertical line - Consumer Price Index, Wednesday 8/11 7:30 AM ET
d) red vertical line - Producer Price Index, Thursday 8/12 7:30 AM ET
e) blue vertical line - Jackson Hole FOMC, Saturday 8/28
f) red diagonal - ceiling of channel to 8/27
g) blue diagonal - floor of said channel
h) black diagonal - median said channel, I am aware it's NOT EXACTLY IN THE MIDDLE (60-40 lower split)
i) red/black channel should control price action to 8/13
j) black/blue channel should control price action rest of the way to 8/27
k) both B1 & B2 are sell targets (should hit 8/11 to 8/13)
l) YOU WILL GET A BREAK PRIOR TO 8/20 CIRCA 1910+/-20 (this depends on whether 8/12 high is 1920 or 1960).
m) will add if I have time.
Note
10. For the 50/100:1 trade, here are details for part 1:a. don't trade this idea if you can't stand losing the ENTIRE ENTRY
b. meaning, this is an extremely speculative trade
c. meaning, anything above $600 is probably way too much
d. split your funds 40-60, buy 40% GLD ATM 8/13 calls on Thursday
e. buy the rest Friday right at open
f. sell 8/11 at close or 8/12 at open
g. we will deal with part 2 if part 1 works
Note
11. Please read #1-1 (last post) and the charts listed in them for background:
Note
12. expanding on note "10.", expected return for step 1 is 12:1 (again this is very VERY speculative).Note
13. box b1 & b2 are too far left, it should move right 2 days (so start on 8/11 instead of 8/9)Note
14. BTW *** PRICE "CAN" DROP TO 1790S AHEAD OF NFP, BUT DOES NOT HAVE TO!!!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.