MQP IVOR #001-8 EASY UP DATE FORMAT

HEADER - This is the format for this specific rally so you can see what I see a long with PIVO. I will try to publish this once per day.

SUMMARY - This basically #001-7 but raised 10 pts bc of the 1814 high this morning. The trend is essentially the same.

DETAILS - These are noteworthy thoughts:
1) There should be a 1792 low today. I strongly believe that will not be broken.
2) Monday's low should be a higher low ala 1800+.
3) 12/24 high should be 1860+ and 12/29 high should be 1895+.
4) I foresee having to raise the ceiling for 12/29 to 1910, but we will deal that after X-MAS.
5) We odds of bold box hitting on time extremely high for Tuesday PM.
6) Obviously mean Monday PM a super strong tactical long.

Comment:

PIVO notes on volume:
1) PIVO is proprietary INFINITE VOLUME OSCILLATOR
2) volume waves here match their price counter parts
3) right now red is wave is turning down (still very positive vs h-line)
4) meanwhile dark navy is crossing orange wave through h-line
5) in virtually all scenarios red wave will be forced upwards prior to Wednesday 12/22
6) so bold black box is a super-strong day trade for Monday 12/20
7) I would exit Tuesday 12/21 afternoon (if day-trading) bc 12/22 high may be pre-market
8) hold to Chrismas Eve 12/24 before exiting

Comment:

Price action notes:
1) I have a suspicion some one big was caught wrong footed
2) hence the short covering through 12/29 is driving the price action
3) this again implies a 1910 high for 12/29

Comment:

***I will only update daily if it moves off this route, I have no reason to believe it will do that.***

Comment:

TYPO!! PIVO notes #8) if your timeframe is WEEKLY or longer, hold on to 12/24

Comment:

Finally, if your time frame is 2 weeks or longer hold to 12/29.