This model is based upon classical strategy analysis tools (Price Channel strategy and Pivot reversal strategy)for entering Long and exiting. The model is a daily model which go back to a century ago. So today is saying LONG. Let's see.
But models are often wrong. Let's see. MP if you wanna try it by yourself for a couple of weeks.
(and pretty stable, maybe slightly up, for the next 2 hours). But models are often wrong. Let's see. Contact me if you wanna try it for a couple of weeks.
But it can be wrong. Models are often wrong. Still, if you want to try it out for a couple of weeks, just send me a message.
It couldn't be a crack. But that's amazing to see... 3 models for predicting 15, 10, 5 days ahead (Blue, orange purple).
Very high bullish mood, thanks to the FED ... Let's see how it turns out today.
Here is an example of a full-mark Bullish pattern for today, a few minutes before the opening of the SPX . Let's see how it runs along the day. For those who wants to try this Gravity Platform. Drop me a message. Thanks
It seems the rallye is lacking some gas to go further. The model may give an EXIT LONG Signal at the next Opening. SPX-1D model is available for free in the Indicators and strategy section of TradingView.
For those who are following the SPX-1D strategy, it will probably be an Exit Long Tonight.
For those who use the S&P 500 model I made available for free under TradingView (Indicators and strategy section), it will be an EXIT at next opening.
Similarities in terms of shape,and also position right bottom a very long moving average. Depending on the first 3-4 hours of trading on Monday, which should stay in a flat range to conform to the pattern, I might bet on a sudden drop of around 2%.
Seems we are closed to a reversal. Weekly divergences on RSI, ROC, MACD and volume. We might be 2-3% away from the top. (around 7575 pts) Amazon (then Apple) might be the trigger(s).
Comparison is not reason. But when markets are not reasonable then you should compare.