I dowse the markets with most of my time spent on /ES. There is a very strong likelihood based on the findings of my dowsing that the market tanks into Friday. I think it's possible the Fed keeps rates at .5% (that's what I get), which the market is not ready for.
Obviously, this will hurt banks some more, so there will be opportunity there.
I have some discrepancy in the percent move down on $ES versus the $SPY. $ES I'm looking for a move into 3782-3788 = 6.3% (given yesterday) & very similar % today, 6.34%. My intuition actually takes us a bit lower, 3777 or 3735
So for SPY I asked for points down (to come from a different angle of questioning) and get around $16 down = $382ish = -4.1%
I have a slightly higher percent for QQQ as you might expect.
Either way, I'd only want to be short into Friday because I've gotten that as a date 2 or 3 times now. I kind of wonder if futures are down way more in globex Fri and reverses? Idk, but at that point I'd be looking for a "scene of the crime" trade and move back up into the price zone we're trading at the time of today's announcement. Maybe I'm wrong, but it's some real bearish energy. Good luck!
Obviously, this will hurt banks some more, so there will be opportunity there.
I have some discrepancy in the percent move down on $ES versus the $SPY. $ES I'm looking for a move into 3782-3788 = 6.3% (given yesterday) & very similar % today, 6.34%. My intuition actually takes us a bit lower, 3777 or 3735
So for SPY I asked for points down (to come from a different angle of questioning) and get around $16 down = $382ish = -4.1%
I have a slightly higher percent for QQQ as you might expect.
Either way, I'd only want to be short into Friday because I've gotten that as a date 2 or 3 times now. I kind of wonder if futures are down way more in globex Fri and reverses? Idk, but at that point I'd be looking for a "scene of the crime" trade and move back up into the price zone we're trading at the time of today's announcement. Maybe I'm wrong, but it's some real bearish energy. Good luck!
Comment:
I do expect a move up first. Maybe up to $ES 4059. Have indications my energy isn't right and what if the 4% is up?? Now I don't know if I trust that this call is correct at all. Guess time will tell.
Comment:
Ok, so this worked out and I was freaked out for nothing.
There was a short term low put in on Fri. as expected. This morning should be a high and reversal down. Specifically, I got "daily peak", which means it'll go down pretty decent.
I was given a number Friday morning that I eventually figured out is the next high (at least, that's how these numbers have been working for me...) that projects today's high at 4045 on /ES. If this is correct, there should not be more that about 5 points of error.
The percent down I'm getting is 5.72%, which from the high of 4045 will = 3,813
There was a short term low put in on Fri. as expected. This morning should be a high and reversal down. Specifically, I got "daily peak", which means it'll go down pretty decent.
I was given a number Friday morning that I eventually figured out is the next high (at least, that's how these numbers have been working for me...) that projects today's high at 4045 on /ES. If this is correct, there should not be more that about 5 points of error.
The percent down I'm getting is 5.72%, which from the high of 4045 will = 3,813