MQP PRESENTS - AVERAGE OF EVERYTHING DRAFT 6-2, 15 MIN BARS
HEADER - The averages from 4-min bars say this move first.
SUMMARY - This MAY happen before spiking. I'm not sure if it's favored.
DETAILS - See previous drafts for background.
SUMMARY - This MAY happen before spiking. I'm not sure if it's favored.
DETAILS - See previous drafts for background.
Comment:
NOTES 1 - This is basically saying the that the first move of DRAFT 5-5 coming down (some time today), should be a stick save. I don't know what odds are of move to 1965-1970. I just see that if it did do that, IT WOULD SPIKE UP.
Comment:
NOTES 2 - SO THAT LEADS TO THIS:
Comment:
a) for chart above:
b) so THE ENTIRE APRIL-MAY-JUNE RALLY GETS SQUEEZED
c) into 04/06-04/20
d) which means MARCH NFP which reports first week of APRIL
e) will give us an 11-12% spike inside 04/06-04/20
b) so THE ENTIRE APRIL-MAY-JUNE RALLY GETS SQUEEZED
c) into 04/06-04/20
d) which means MARCH NFP which reports first week of APRIL
e) will give us an 11-12% spike inside 04/06-04/20
Comment:
NOTES 3 - SO HOW WAS THIS DETERMINED DESPITE ALL THE WORK GOING INTO DRAFT 5-5? Here is 5-5 if you want to replay it:
Comment:
a) for chart above:
b) so it missed the down move of the very first box
c) and it stayed high hitting 2000 twice
d) it's finally hit 1984 again as I said it may fall to 1965-70 today
e) BUT THE BEARS FAILED TO "HOLD TREND" at for the last 36 hours
f) which gave bulls an opening that will start later today
g) that will then run to 2040 from 3/30 to 4/05
b) so it missed the down move of the very first box
c) and it stayed high hitting 2000 twice
d) it's finally hit 1984 again as I said it may fall to 1965-70 today
e) BUT THE BEARS FAILED TO "HOLD TREND" at for the last 36 hours
f) which gave bulls an opening that will start later today
g) that will then run to 2040 from 3/30 to 4/05
Comment:
NOTES 4 - 2:15 PM ET FRIDAY, 3/24
a) as stated this morning, falling towards 1965-1970, 1975.xx as I type this
b) I do not regularly look at 4-min bar charts
c) this is because they do not dictate overall trend but only temporarily
d) hence we find ourselves at the "split of the two paths (DRAFT 5-5 and DRAFT 6-2, which is just combining start of 5-5 with all of 6-1)
a) as stated this morning, falling towards 1965-1970, 1975.xx as I type this
b) I do not regularly look at 4-min bar charts
c) this is because they do not dictate overall trend but only temporarily
d) hence we find ourselves at the "split of the two paths (DRAFT 5-5 and DRAFT 6-2, which is just combining start of 5-5 with all of 6-1)
Comment:
e) continuing...
f) as it falls towards 1965, odds of 6-2 over 5-5 no longer 2-1 (which is 66.66 to 33.33), but closer to 60-40
g) that is to say that odds of 5-5 playing out exists but even at 1960...
h) if it even gets that low at all...
i) 6-2 draft would still be favored over 5-5 by a bit
j) it has to be 24 hours (trading) after in-theory-tag-of-1960, would we be able to say ...
k) that 5-5 would regain the edge
l) another way of saying I don't see it happening right now
f) as it falls towards 1965, odds of 6-2 over 5-5 no longer 2-1 (which is 66.66 to 33.33), but closer to 60-40
g) that is to say that odds of 5-5 playing out exists but even at 1960...
h) if it even gets that low at all...
i) 6-2 draft would still be favored over 5-5 by a bit
j) it has to be 24 hours (trading) after in-theory-tag-of-1960, would we be able to say ...
k) that 5-5 would regain the edge
l) another way of saying I don't see it happening right now
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