RUMORS OF A PIVOT REQUIEM #2, SOMEONE GOT CAUGHT OFFSIDES?
01/02/25, 4:07 PM ET, New York time: What does that even look like? So first, in chart above, the light gray rectangle was the 12/30 or 12/31 high 2760-2820 original target for "December long". The second move to 2595 on 12/30 apparently fooled a major player and from the looks of short term trend maps out 60 hours or until 3 AM ET Tuesday, they are going to be forced to course correct, which can produce an even faster move to routes that I commented on last 8 hours.
So from previous notes today, I called for for 2760 to hit by Wed night of next week or January 8th. Binary Forecasting Service's trend engine however CAN NOT DISPROVE THIS TARGET FOR MONDAY MORNING, and has not totally eliminated it for Friday afternoon either which is 24 hours out. I would imagine 2733 should hold in the highest vol scenario for Friday afternoon. Long story short, the small rectangle at the bold blue down trend line is 2693 overnight. The second reaction after 2693 will determine how fast we hit 2733 and 2760s, BUT 2760 IS WIDE OPEN FOR MONDAY (bold orange box). So what does this mean overall? It means that orange route is approaching 2:1 vs yellow route and also makes this move to 2850-2860 by 01/24 the outstanding favorite vs all other routes combined.
So from previous notes today, I called for for 2760 to hit by Wed night of next week or January 8th. Binary Forecasting Service's trend engine however CAN NOT DISPROVE THIS TARGET FOR MONDAY MORNING, and has not totally eliminated it for Friday afternoon either which is 24 hours out. I would imagine 2733 should hold in the highest vol scenario for Friday afternoon. Long story short, the small rectangle at the bold blue down trend line is 2693 overnight. The second reaction after 2693 will determine how fast we hit 2733 and 2760s, BUT 2760 IS WIDE OPEN FOR MONDAY (bold orange box). So what does this mean overall? It means that orange route is approaching 2:1 vs yellow route and also makes this move to 2850-2860 by 01/24 the outstanding favorite vs all other routes combined.
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4:53 PM ET 01/02, ON FURTHER EXAMINATION:
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1) so for whatever reasons, the black wave was not shown in chart at top during publishing
2) number crunching this black wave says 2700 should hold Friday
3) and 2735 should hold Monday
4) finally, 2760s is FAVORED FOR TUESDAY
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1) continuing in chart above, I actually think this doesn't need an update until Thursday
2) because any Tuesday update now likely involving stalling at 2700
3) so let's just wait until Thursday morning
4) again, I have total conviction in my medium and long term strategy
5) any further stalling this week would end up producing a vertical move up Thursday or Friday
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SO HERE IS #3:
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