MQP INFINITE REGRESSION #005 PART 4, 10 DAY PRICE ACTION
THIS IS THE SCRIPT.
Notes:
1. in this area, price general sticks to a pattern like this
2. why? because if you take all the layers of waves added together (including bollingers), this is what you get
3. some areas are more accurate than others
4. this part should play like chart above
5. A is blue bollinger for blue wave, B for red, and C for gray wave
6. D is target for next Friday
7. E is top for next 36 hours, implying a slow drag to 1790, then rug pull to 1760 Friday morning where F is
8. F is the floor of the red bollinger band for red wave
9. G is where the spike should come Thursday morning
10. G is also where the gray wave turns up
11. when it turns (in this spot as it relate to bigger waves), it should be a quick 36 hour spike with most of it coming on Thursday
12. the move is projected to be 1768 to 1728, maybe a bit higher
13. if we stay low in 1770s rest of day, then NFP should be a spike to 1790+ and then drop afterwards
Notes:
1. in this area, price general sticks to a pattern like this
2. why? because if you take all the layers of waves added together (including bollingers), this is what you get
3. some areas are more accurate than others
4. this part should play like chart above
5. A is blue bollinger for blue wave, B for red, and C for gray wave
6. D is target for next Friday
7. E is top for next 36 hours, implying a slow drag to 1790, then rug pull to 1760 Friday morning where F is
8. F is the floor of the red bollinger band for red wave
9. G is where the spike should come Thursday morning
10. G is also where the gray wave turns up
11. when it turns (in this spot as it relate to bigger waves), it should be a quick 36 hour spike with most of it coming on Thursday
12. the move is projected to be 1768 to 1728, maybe a bit higher
13. if we stay low in 1770s rest of day, then NFP should be a spike to 1790+ and then drop afterwards
Comment:
typo: 1768 to 1828, spike up NOT SPIKE DOWN
Comment:
14. D is also the median for gray wave bollinger band
15. in this case price should pass it a bit and then face strong resistance
15. in this case price should pass it a bit and then face strong resistance
Comment:
JUST REALIZED THAT NOTES WERE CONFUSING, SO HERE ARE NOTES CLEARED UP:
1-5. same
6. D marks the diagonal falling line to the box roughly at 1830, this line is also the median line or the gray bollinger band
7. E is ceiling for today and tomorrow, this implies a rise to 1790s for tomorrow's Non Farm Payrolls at 8:30 am ET, followed by sell the news rug pull to 1765 ish, where F is
8. F also marks the bottom of the red bollinger, which is hard to see bc all three bollingers overlap here
9. G is NEXT Thursday, when there will be a spike from 1765 to 1830 ish
10-12. same
1-5. same
6. D marks the diagonal falling line to the box roughly at 1830, this line is also the median line or the gray bollinger band
7. E is ceiling for today and tomorrow, this implies a rise to 1790s for tomorrow's Non Farm Payrolls at 8:30 am ET, followed by sell the news rug pull to 1765 ish, where F is
8. F also marks the bottom of the red bollinger, which is hard to see bc all three bollingers overlap here
9. G is NEXT Thursday, when there will be a spike from 1765 to 1830 ish
10-12. same
Comment:
13. if we dont rise to 1790 overnight tonight, then spike in the morning at NFP to 1790 then slow drag down to 1760 again, followed by zig zag to next Thursday
Comment:
14-15. Same