MQP PRESENTS - MY AMERICAN DREAM PART 3.7, ROUTE DOWN
HEADER - This is continuation of 3.6.
SUMMARY - This gives some more clarity, it's all I have time for.
DETAILS - See previous posts for background.
NOTES - Updates now here from here on out.
SUMMARY - This gives some more clarity, it's all I have time for.
DETAILS - See previous posts for background.
NOTES - Updates now here from here on out.
Comment:
12:43 PM 12/21
1) moved to 1792.xx minutes ago
2) is this a big deal?
3) no, but small one either
4) it reduces odds of 3.5 route even further than this morning has
1) moved to 1792.xx minutes ago
2) is this a big deal?
3) no, but small one either
4) it reduces odds of 3.5 route even further than this morning has
Comment:
1:23 1786
1) on time for 1783 today
2) mapping now to Tuesday night is the really the hardest part remaining for this short bc it requires: a) constant updating of short term curves
b) the in-between holiday
c) I spent most of last 15 days mapping the bull route so I don't have that cumulative work to reference for short side
1) on time for 1783 today
2) mapping now to Tuesday night is the really the hardest part remaining for this short bc it requires: a) constant updating of short term curves
b) the in-between holiday
c) I spent most of last 15 days mapping the bull route so I don't have that cumulative work to reference for short side
Comment:
4:00 PM 12/21 THURSDAY NY CLOSE (futures run another hour)
1) I am too busy to judge if the bounce to 1794 has run out
2) my speculation is that it has, but from my phone this is unverifiable
3) no change for Friday EXPECTATIONS
1) I am too busy to judge if the bounce to 1794 has run out
2) my speculation is that it has, but from my phone this is unverifiable
3) no change for Friday EXPECTATIONS
Comment:
12/21 6:45 PM FIRST BOX RETEST BEFORE MIDNIGHT
1) price should be testing 1983 before midnight
2) can't tell it will break on first test
3) usually, the pattern is to break it at NY OPEN and move down before noon
4) so whatever move that occurs overnight tend to zig zag twice
5) that means 1782, 1792 again at NYOPEN and then 1770 before noon
6) 1760 within reach before FRIDAY CLOSE
1) price should be testing 1983 before midnight
2) can't tell it will break on first test
3) usually, the pattern is to break it at NY OPEN and move down before noon
4) so whatever move that occurs overnight tend to zig zag twice
5) that means 1782, 1792 again at NYOPEN and then 1770 before noon
6) 1760 within reach before FRIDAY CLOSE
Comment:
8:45 PM
1) odds of light blue route detour increasing
2) at least the for the first half of light blue route
3) second half route would merge again with dark blue route
1) odds of light blue route detour increasing
2) at least the for the first half of light blue route
3) second half route would merge again with dark blue route
Comment:
END OF POST, HERE IS DRAFT 3.8:
Related Ideas
1) gray box is holiday
2) dark blue more likely than light blue
3) decisive price action for bear route is next Tuesday and Wednesday
4) that will decide how quickly we get to 1680, and then 1615
5) I completely expect 1620 on 01/03 or before