This is some swift action today!
To start, I had on my prior idea a high around 4553-63. Today the scenario was for a "spike up and reverse down". It was a little more choppy than I usually expect, but dowsing also said to look for a move up 1.2% and then down 3%!
So, I got a little unsure with the potential for slightly higher than we went, but the downside 3% from that swing high takes /ES to 4423 (if I did it right).
My dowsing gave me a price this afternoon of 4418. I also have a target from days ago at 4415. I'm liking that those numbers are so close, and that is my ultimate target from this move as I already was expecting 5%. I may change my mind though depending on my readings!
More near term I had advice this morning as "points" and those points were 82 "at the lod". I'm thinking it's 82 from the high of 4560, so that'll take /ES to 4478. UNLESS, it's net 82 points down on the day. In which case the target is 4439. Either way it's down, baby.
I am watching for an important low around Aug. 11th zone.
To start, I had on my prior idea a high around 4553-63. Today the scenario was for a "spike up and reverse down". It was a little more choppy than I usually expect, but dowsing also said to look for a move up 1.2% and then down 3%!
So, I got a little unsure with the potential for slightly higher than we went, but the downside 3% from that swing high takes /ES to 4423 (if I did it right).
My dowsing gave me a price this afternoon of 4418. I also have a target from days ago at 4415. I'm liking that those numbers are so close, and that is my ultimate target from this move as I already was expecting 5%. I may change my mind though depending on my readings!
More near term I had advice this morning as "points" and those points were 82 "at the lod". I'm thinking it's 82 from the high of 4560, so that'll take /ES to 4478. UNLESS, it's net 82 points down on the day. In which case the target is 4439. Either way it's down, baby.
I am watching for an important low around Aug. 11th zone.
Comment:
Today I think is the day and/or into tomorrow.
Comment:
God, I think I'm getting motion sick looking at this choppy pattern! It's going the right direction though. Still hasn't hit my target.
I have timing around now for a low, or it was timing about something personal (my mom's bff dog died). I'm not totally sure. Or, maybe both?
I do get that there's another "spike up and reverse down" for Monday with a target of 4428-39. I really want the targets to be hit in alignment with dates, but maybe my work isn't "there yet".
There is a suggestion the market goes down into October, but I'd like to do more investigation on that. The target in that case is around 4119.
I have timing around now for a low, or it was timing about something personal (my mom's bff dog died). I'm not totally sure. Or, maybe both?
I do get that there's another "spike up and reverse down" for Monday with a target of 4428-39. I really want the targets to be hit in alignment with dates, but maybe my work isn't "there yet".
There is a suggestion the market goes down into October, but I'd like to do more investigation on that. The target in that case is around 4119.
Comment:
This target was hit. This morning I'm actually looking lower and then should reverse up for potentially a week, OR, just bounce and make a high tomorrow. There's something important with the date for tomorrow. Watch for 4363-67 today as a buying opportunity for some kinda bounce.
Trade closed: target reached
Watch 4525 for a potential high and expect a sell tomorrow.