MQP 17G - INCOMPLETE CHEAT SHEET
HEADER - This combines - and replaces - all work in series 17.
SUMMARY - There's enough now for a TEMPORARY bottom. Next move is to 1940-1955 BEFORE FOMC NEXT WED. This will be followed by a nasty move to 1825. It will bounce BUT WILL LIKELY BREAK TO 1780 ON THE SECOND TRY. This is followed by a move to 2000. This much I feel strong about. The last move to 2070 MAYBE TOO EARLY, but maybe not. We will know more later.
DETAILS - All links included since 16H are below for background. Please understand that this "cheat sheet" is incomplete bc I don't have time to LINE BY LINE this thing. I still have a day job. That said, while the "super detailing" has not been done, THIS HAS MY COMPLETE CONFIDENCE AT TIME POSTING for target 2000 prior to 5/20/22.
VERTICAL LINES LABELS -
1. 4/30 and 5/30 yellow lines are NEW MOON days.
2. 5/4 gray line is ADP.
3. 5/4 blue line is FOMC.
4. 5/6 black is NFP.
5. 5/11 orange is CPI.
6. 5/12 red is PPI.
7. 5/16 bold line is FULL MOON.
NOTES -
1. I noted this morning (in most recent post 17F) that we are taking route in 17E.
2. The mapping of 5 regressions set produced this, essentially 17E.
3. There's 2 (AND ONLY 2, DON'T GET CUTE) trades here, so this is listed as NEUTRAL.
A. FIRST, SHORT 1950.
B. SECOND, TAKE THAT MONEY AND LONG 1800+/-20, STOP LOSS 1710.
SUMMARY - There's enough now for a TEMPORARY bottom. Next move is to 1940-1955 BEFORE FOMC NEXT WED. This will be followed by a nasty move to 1825. It will bounce BUT WILL LIKELY BREAK TO 1780 ON THE SECOND TRY. This is followed by a move to 2000. This much I feel strong about. The last move to 2070 MAYBE TOO EARLY, but maybe not. We will know more later.
DETAILS - All links included since 16H are below for background. Please understand that this "cheat sheet" is incomplete bc I don't have time to LINE BY LINE this thing. I still have a day job. That said, while the "super detailing" has not been done, THIS HAS MY COMPLETE CONFIDENCE AT TIME POSTING for target 2000 prior to 5/20/22.
VERTICAL LINES LABELS -
1. 4/30 and 5/30 yellow lines are NEW MOON days.
2. 5/4 gray line is ADP.
3. 5/4 blue line is FOMC.
4. 5/6 black is NFP.
5. 5/11 orange is CPI.
6. 5/12 red is PPI.
7. 5/16 bold line is FULL MOON.
NOTES -
1. I noted this morning (in most recent post 17F) that we are taking route in 17E.
2. The mapping of 5 regressions set produced this, essentially 17E.
3. There's 2 (AND ONLY 2, DON'T GET CUTE) trades here, so this is listed as NEUTRAL.
A. FIRST, SHORT 1950.
B. SECOND, TAKE THAT MONEY AND LONG 1800+/-20, STOP LOSS 1710.
Comment:
Q WHY did 17F not follow through?
A IT was the favorite next move AT THAT HOUR of that post. If bulls didn't come in at 1872, 1840 is logical next move no matter how u cut it.
A IT was the favorite next move AT THAT HOUR of that post. If bulls didn't come in at 1872, 1840 is logical next move no matter how u cut it.
Comment:
Due to this support, THE SPREAD OF OUTCOMES HAS SHRUNK MASSIVELY. So this is next.
Comment:
2PM ET THURSDAY
There is ONE MORE backstabbing outcome: STRAGHT UP TO 2100 or higher in 10 days or less. We don't have that set up RIGHT NOW, but that can change. I will add notes if that is the case.
There is ONE MORE backstabbing outcome: STRAGHT UP TO 2100 or higher in 10 days or less. We don't have that set up RIGHT NOW, but that can change. I will add notes if that is the case.
Comment:
4 PM THURSDAY -- THIS IS IMPORTANT!!
1. AFTER DOUBLE CHECKING, THIS CHART NEEDS MORE WORK!!
2. THERE IS ONE MORE DROP THAT NEEDS TO HAPPEN BEFORE THE NEXT MOVE TO 19XX.
3. I CANT TELL WHAT ITS DOING 3-4 DAYS OUT.
4. ELIMINATED STRAIGHT UP OPTION.
5. UNLESS WE HIT 1950 TOMORROW, THIS CHART IS ABOUT 6 OR 7 DAYS EARLY.
6. SO HOLD OFF UNTIL 17H.
1. AFTER DOUBLE CHECKING, THIS CHART NEEDS MORE WORK!!
2. THERE IS ONE MORE DROP THAT NEEDS TO HAPPEN BEFORE THE NEXT MOVE TO 19XX.
3. I CANT TELL WHAT ITS DOING 3-4 DAYS OUT.
4. ELIMINATED STRAIGHT UP OPTION.
5. UNLESS WE HIT 1950 TOMORROW, THIS CHART IS ABOUT 6 OR 7 DAYS EARLY.
6. SO HOLD OFF UNTIL 17H.
Comment:
GETTING CLOSER NOW, SHOULD BE LIKE THIS:
Comment:
1 AM FRIDAY 4/29
1. not enough info here to commit to either 17G or 17H
2. should know more by monday or tuesday
3. all we can do is wait
1. not enough info here to commit to either 17G or 17H
2. should know more by monday or tuesday
3. all we can do is wait
Comment:
4. if you went long at 1890, I just don't know if it's going to break 1910 solidly
5. so play it safe, and put in 1900 stop loss (it's 1906 now), or take a small win
5. so play it safe, and put in 1900 stop loss (it's 1906 now), or take a small win
Comment:
2 AM FRIDAY 4/29
1. getting no where with this
2. let's just take it step by step
3. first decision is tomorrow, 17G needs 1940+, 17H needs 1912 AND STALL/REVERSE
4. 17G would see sideways (1920-1955) to FOMC at 1950
5. 17H would see 1912/1914 on Monday and continuously drop to 1840/1825 RIGHT BEFORE FOMC
6. 17G (this post) looks better right now situationally
7. 17H hasn't been posted, will post as needed before monday morning
8. good luck with all
1. getting no where with this
2. let's just take it step by step
3. first decision is tomorrow, 17G needs 1940+, 17H needs 1912 AND STALL/REVERSE
4. 17G would see sideways (1920-1955) to FOMC at 1950
5. 17H would see 1912/1914 on Monday and continuously drop to 1840/1825 RIGHT BEFORE FOMC
6. 17G (this post) looks better right now situationally
7. 17H hasn't been posted, will post as needed before monday morning
8. good luck with all
Comment:
IN CASE CURVES HOLD FOR 17G -
1. There's a typo for the stoploss noted above.
2. It should be 1770 not 1710.
1. There's a typo for the stoploss noted above.
2. It should be 1770 not 1710.
Comment:
8:35 AM FRIDAY
1. almost 1920 last hour
2. spot is 1909 and falling as I type this
3. so what now?
4. 17G (this post) still the favorite right now
5. but nothing conclusive
6. expectations today?
7. if 17G is the outcome, 1906 needs to hold on the check down AND
8. close need to be at 1920+
9. the problem is the big part of the rally window ENDS this morning
10. while tail end of the rally window ends MONDAY MORNING.
11. meaning MONDAY MORNING HIGH SHOULD BE HIGHER THAN 1920
12. and it loooks that way in most possible outcomes
14. as it stands, the next trade is to:
15. SHORT MONDAY MORNING HIGH IF UNDER 1925 OR
16. if we tag 1945-1955...
1. almost 1920 last hour
2. spot is 1909 and falling as I type this
3. so what now?
4. 17G (this post) still the favorite right now
5. but nothing conclusive
6. expectations today?
7. if 17G is the outcome, 1906 needs to hold on the check down AND
8. close need to be at 1920+
9. the problem is the big part of the rally window ENDS this morning
10. while tail end of the rally window ends MONDAY MORNING.
11. meaning MONDAY MORNING HIGH SHOULD BE HIGHER THAN 1920
12. and it loooks that way in most possible outcomes
14. as it stands, the next trade is to:
15. SHORT MONDAY MORNING HIGH IF UNDER 1925 OR
16. if we tag 1945-1955...
Comment:
17. SHORT WEDNESDAY FOMC IF AT 1950s area
Comment:
BTW, PLEASE LIKE FOR SUPPORT!
4. You CAN go long for first move up around 1950.
5. But exit 1945, don't overstay your welcome in that area.