MQP IVOR #001-9 EASY UPDATE 2
HEADER - After data crunch and resolving for Christmas Eve close, it should be closer to this.
SUMMARY - Data says 12/21-22 high should already be 1860+/10. So markets are closed Christmas Eve 12/24. So the 12/24 high will be 12/27. This means that the two red boxes are now 12/21-22 and 12/27. If we break 1900 on 12/27, data suggests a giant $100 24-hour check-down on 12/28 ending on 12/29. Finally, we close 01/03 at 1850.
DETAILS - So the move is getting squeezed into a shorter time frame. Volume also agrees this more likely than #001-8 (last post).
SUMMARY - Data says 12/21-22 high should already be 1860+/10. So markets are closed Christmas Eve 12/24. So the 12/24 high will be 12/27. This means that the two red boxes are now 12/21-22 and 12/27. If we break 1900 on 12/27, data suggests a giant $100 24-hour check-down on 12/28 ending on 12/29. Finally, we close 01/03 at 1850.
DETAILS - So the move is getting squeezed into a shorter time frame. Volume also agrees this more likely than #001-8 (last post).