So this is where the binary leads once price seem to have rejected the bullish route up. While it's not final, because 10-pt reversals are a common thing, the totality of the picture right this minute indicates a move back down to 2624. That's all that could be said right now.
Do or die for this 2717-2597 swing that should fill out the next 3 days. Bulls and bears both - or more precisely price in general - has run out of time to follow through and complete this pattern. This is the last possible combination for this move and also outright favorite vs field at time of publishing. Obviously, price does not HAVE TO do anything....
I don't have time to mesh out new hi-lights, so the dotted line is basically what's going to happen. Let's get this up first and I will add notes to it later.
Where the bold red, black, and blue lines are is the critical window we are at. For this route to work, the black line MUST HOLD FOR NEXT 36 HOURS so price can have a shot at a new high before a 115 pt check down. The problem is that we dropped 60 from the high, so with a tight window to work with, it doesn't seem realistic to get a new high. But without a new...
Since May NFP (delivered early June) after which I called for 3000 by Halloween (10/31), something would get in the way every time I thought the call was right. This time is going to be the same but I am going to stand by this call. First in chart above, this is the super-detailed 3-hour bar route for 3070 by Halloween. I spent most of the weekend on refining...
In June while we were still under 2300, I was forecasting a series called "3000 BY HALLOWEEN". I have gave up on it several times because I didn't trust my work enough, simply bc my short-medium engine never agreed with my medium long engine. I realize now the error in that logic. The short-medium engine can only agree with medium long engine when they are...
This is different from "RIGHT NOW" posts. I never could remove the bias of the long term which always has a problem of being vague. So what's the difference? Just the facts, this time. 1) 2635 should hit next in 9-12 hours. 2) price will close NY UNDER THE CHANNEL 3) that's the mostly likely 4) IF WE GET THAT CLOSE... 5) we will talk sideways for next 24-30...
Ok, so last route didn't work. And I still don't have a route (trend generated pattern). But in my humbled opinion, we have to see 2717-2732 tomorrow. I can break it all down, but I am not interested in writing a novel and you don't want to read my life story. So all I am saying is this: 1) my proprietary trend engine says 2850 by 07/08 2) for this to...
I hate calling it like this because this move never plays out like this. But that's what all trends combined say, 2720 before midnight. And I don't have a good shape for this one.
So probably need to happen. But all dependent on purple line holding for 12 hours. If so, we should clear 2700 by end of NY session. This post continues directly from #145.
I lead this post with the notice that the only strong part of this forecast is the dashed line. This is the averages of all trends combined for the next 80 hours of trading or basically to end of Monday 9/30. Everything starting starting Tuesday needs "re-averaging". The hi-lights here is current "favorite route vs field". This label is not worth its...
This continues directly from #143, but some notes first: 1. so price broke out of that red line 2. and is in position to move up to 2695-2700 3. but we don't really have a confirmed black line 4. because this thing can stall a bit longer 5. and also the first move to 2663 may get sold 6. don't know where that check might be 7. so the bold line in chart above is...
So the reaction insofar means 2650 gets held, and 2662 is next. That also means everything else that is "yellow route". This continues directly from #142.
THIS IS THE ONE, THE ENTRY SHOULD BE 2585. Based on the all trends combined, blue is outright favorite vs field. Before we retrace, we need two more tops. A high tonight, and another high in NY tomorrow at 2648-2656. This will be followed by rug pull to 2600 and rollover to what looks like 2585. Prices should settle down either Friday 9/27 or Monday 9/30. ...
That is the question. And the answer goes like this: a) so trends have lined up to break 2650 since... b) really last Thursday c) and that window lasts until halfway through tomorrow d) to make this fit this window, price has to be on time e) that means yellow all the way up f) if price stalls and gets to 2650 late like blue g) then trend break down get "out of...
In chart above, the most important line to 2850 by 10/08 thesis is the blue trend line. In #139, price broke the orange trend line (not in chart above because it does not matter anymore). This development means that we are now on red line until 2700. It also means that there should be limited 2-way vol until at least 2685. This means that even though 2650 is...
Despite what you've been told, I've finally proven that trend lines are about the only thing that matter. With that said, first stop is 2643-ish over red line. After which, red line should break to check down to 2593 before running to 2744.
So this is the binary at past the blue arc now it has broken. Right now, you're in a 55/45 blue situation. Meaning it can still flip, because while blue should be favored, it can still switch (yesterday for example, even after the 85 retest held). The only way to get it right is 3 (but sometimes 4, 5 even 6 forecasts per day. But the demand is not there for...