This Jag is trading in an odd confluence of curves. IXIC has been riding Solid Blue convex Parabolic Horn; a narrow feature rooted in the market bottom 24 Dec '18,
A different but implicated horn precipitated between o4 and 11 Jan '19. displayed in thin violet.
The oddness comes from Solid red, a major parabola yet to play out completely, intersects the Solid Blue parabolic horn with in winch the jag is gaining value . Notice how dominant it is as resistance. 09 - 25 Jan '19
This has been so until the Jag encountered Solid Green. 30 Jan '19, then it saw and heard Solid Green. I doubt the Jag will slide along it. The price action has not displayed any such rate of descent for such relatively prolonged time.
It should do drop about 3.17% 230 point 04 -O5 Feb '19
The relevant questio is what parabola will it obey. it has heard Solid Blue lower bound as support since 08 Jan '19 . ANd it has heard the intersecting Horn: thin violet curves specifically its lower bound.
This would be unfortunate . IXIC would prefer the Jag to see and hear dashed Black and Green ; Continue climbing, and defeat the downwards pressure of violet upper bound .
Alternatively, seen from this very delicate extrapolation. The jag could come to life on Monday and use Solid Red; Right there where it is claiming it as support. In other words' give it a boost and watch it behave as it did 17- 22 Jan '19 The push is 144 points or 2% up . . . PPT = MAGA?
The point here is that the market has meta sable modes. timely and precise inputs heard the flow. Parabolic support is sensitive to these surreal features.
The favorable trend for the US economy is a rising oscillation between Solid Red A (, Rooted 01 Nov '18. and Dashed Black and Green D ( , Rooted 03 Dec '18 .
Coaxing along this trend is better than the current Solid Blue Parabolic horn. its to wide now and its lower bound is culminating.
And: I cant find any agreeable support bellow. The other Solid Red B( is connected with the big market downturn.
H,J,K,L.
'No one wants to go there again.
I'm attaching the Apple and Amazon delineations to demonstrate the defectiveness of parabolic support as a inovative and effective methodology for technical analyses
A different but implicated horn precipitated between o4 and 11 Jan '19. displayed in thin violet.
The oddness comes from Solid red, a major parabola yet to play out completely, intersects the Solid Blue parabolic horn with in winch the jag is gaining value . Notice how dominant it is as resistance. 09 - 25 Jan '19
This has been so until the Jag encountered Solid Green. 30 Jan '19, then it saw and heard Solid Green. I doubt the Jag will slide along it. The price action has not displayed any such rate of descent for such relatively prolonged time.
It should do drop about 3.17% 230 point 04 -O5 Feb '19
The relevant questio is what parabola will it obey. it has heard Solid Blue lower bound as support since 08 Jan '19 . ANd it has heard the intersecting Horn: thin violet curves specifically its lower bound.
This would be unfortunate . IXIC would prefer the Jag to see and hear dashed Black and Green ; Continue climbing, and defeat the downwards pressure of violet upper bound .
Alternatively, seen from this very delicate extrapolation. The jag could come to life on Monday and use Solid Red; Right there where it is claiming it as support. In other words' give it a boost and watch it behave as it did 17- 22 Jan '19 The push is 144 points or 2% up . . . PPT = MAGA?
The point here is that the market has meta sable modes. timely and precise inputs heard the flow. Parabolic support is sensitive to these surreal features.
The favorable trend for the US economy is a rising oscillation between Solid Red A (, Rooted 01 Nov '18. and Dashed Black and Green D ( , Rooted 03 Dec '18 .
Coaxing along this trend is better than the current Solid Blue Parabolic horn. its to wide now and its lower bound is culminating.
And: I cant find any agreeable support bellow. The other Solid Red B( is connected with the big market downturn.
H,J,K,L.
'No one wants to go there again.
I'm attaching the Apple and Amazon delineations to demonstrate the defectiveness of parabolic support as a inovative and effective methodology for technical analyses
Comment:
NASDAQ Jag chooses Solid Red Support. . . today . good, so far.
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