2340-2550-2850 ON OR BEFORE 04/12/2024.
Introduction - So I've been writing the 2340 series and moving the dates back and forth. I realize now, that the whole move should be understood in one frame. This is that frame. This is the work that I have worked on for 8 years, to be able to make this call. I have checked, confirmed, verified etc... that I am correct in presenting this forecast. So with courage and conviction, Binary Forecasting Service presents: 2340-2550-2850 all in side 24 trading days. The first two by 04/05/24. 2850 may still hit that frame, but for accuracy'sake, I leave that target for 04/12/24.
Details - If you have been reading my work, you need no details. For people new to this, this forecast is a derived from a proprietary trend engine.
Details - If you have been reading my work, you need no details. For people new to this, this forecast is a derived from a proprietary trend engine.
Comment:
8) this chart from 2340 DRAFT 4:
Comment:
a) for chart above, I didn't like losing that line
b) because that was big time support this rally
c) rolling into CPI/PPI/FOMC, that's generally not a good look
d) but the wave setup IS ABSOLUTELY UNDENIABLE
e) with so many long term waves turning at the same time
f) in order, in different ratios, against a backdrop for all time break out
g) curves going back 50 years
h) that is why I made that call
I) trend structure as define by order of regression waves using various ratios...
m) in my my mind is fundamental for outsize and out-speed moves
b) because that was big time support this rally
c) rolling into CPI/PPI/FOMC, that's generally not a good look
d) but the wave setup IS ABSOLUTELY UNDENIABLE
e) with so many long term waves turning at the same time
f) in order, in different ratios, against a backdrop for all time break out
g) curves going back 50 years
h) that is why I made that call
I) trend structure as define by order of regression waves using various ratios...
m) in my my mind is fundamental for outsize and out-speed moves
Comment:
7:16 PM ET TUES-WED-THURS REQUIREMENTS AND BEAR SETUP:
Comment:
a) first the requirements for bulls vs bears
b) when there is such a SPECIFIC ROUTE, the demand for bullish price action is CONTINUOUS the for entire duration of said forecast
c) there are things price CANNOT DO and expect to make those targets
d) and there are things price should do and almost HAVE TO DO, other wise the target does not hit
e) conversely for bears, ALL THEY HAVE TO DO IS PREVENT BULLS FROM BEING ON TIME
f) if they force sideways, that alone would "kill the calendar"
g) that said, when such explicit opportunites arise for them to force sideways
h) AND THEY DON'T DO THAT in context of a a super bullish long term regression setup
I) then the route of least resistance - in this situation and in my humble opinion -
m) is obviously up
b) when there is such a SPECIFIC ROUTE, the demand for bullish price action is CONTINUOUS the for entire duration of said forecast
c) there are things price CANNOT DO and expect to make those targets
d) and there are things price should do and almost HAVE TO DO, other wise the target does not hit
e) conversely for bears, ALL THEY HAVE TO DO IS PREVENT BULLS FROM BEING ON TIME
f) if they force sideways, that alone would "kill the calendar"
g) that said, when such explicit opportunites arise for them to force sideways
h) AND THEY DON'T DO THAT in context of a a super bullish long term regression setup
I) then the route of least resistance - in this situation and in my humble opinion -
m) is obviously up
Comment:
n) in chart chart above previous note:
o) bulls need to close 2030-ish tomorrow and close it at the high
p) why? that usually will cause an overnight run even higher
q) AND MORNING CHECK DOWN THAT WILL GET BOUGHT
r) the close Wed does not have to close near the high
s) but MUST CLOSE WITH ANOTHER WIN FOR DAILY BARS, this keeps the monentum
t) for another move up for Thursday's PPI
o) bulls need to close 2030-ish tomorrow and close it at the high
p) why? that usually will cause an overnight run even higher
q) AND MORNING CHECK DOWN THAT WILL GET BOUGHT
r) the close Wed does not have to close near the high
s) but MUST CLOSE WITH ANOTHER WIN FOR DAILY BARS, this keeps the monentum
t) for another move up for Thursday's PPI
Comment:
u ) so bulls have a "check list for Tues-Wed-Thurs"
v) all bears have to do is prevent that, simple
w) in that chart the two side are "opposite" regression ratios
x) the fan pointer and the arrow are the levels that in a bears situation
y) bears would have ZERO problem hitting those vol/Bollinger markers
z) why haven't they hit them?
1) either there's nobody selling
2) or if there are, the buying pressure is simply ovewhelming
v) all bears have to do is prevent that, simple
w) in that chart the two side are "opposite" regression ratios
x) the fan pointer and the arrow are the levels that in a bears situation
y) bears would have ZERO problem hitting those vol/Bollinger markers
z) why haven't they hit them?
1) either there's nobody selling
2) or if there are, the buying pressure is simply ovewhelming
Comment:
7:36 PM ET
a) the price curve is curving
b) bears HAVE THE ENTIRE NIGHT TO STOP IT
c) if they don't "lean in" and instead try to "spike down at CPI release
d) the result maybe just like NFP only except with a stronger close
a) the price curve is curving
b) bears HAVE THE ENTIRE NIGHT TO STOP IT
c) if they don't "lean in" and instead try to "spike down at CPI release
d) the result maybe just like NFP only except with a stronger close
Comment:
Comment:
TYPO in o) above, yes 2230 NOT 2030, I have a lot of typing.
Comment:
8:03 PM 18 12 HOUR BARS PROBABLY NOT AN ACCIDENT
Comment:
Comment:
11:23 PM ET red line breaking to 2176.xx not a good look
a) need to reverse and immediately or top in
b) at least for 3-4 days
c) that' auto kill for the schedule
a) need to reverse and immediately or top in
b) at least for 3-4 days
c) that' auto kill for the schedule
Comment:
Comment:
a) in chart above; last night had the first black 12-hour bar in 18 bars
b) should we be concerned ?
c) this is obvious a crucial point for bulls and bears alike
d) if neutral outcome, it's not obvious that this forecast is "dead"
e) but we can't entertain it unless bulls build out and obvious spike up setup
f) but they HAVE ONE NOW, not taking it is obvious sign of weakness
b) should we be concerned ?
c) this is obvious a crucial point for bulls and bears alike
d) if neutral outcome, it's not obvious that this forecast is "dead"
e) but we can't entertain it unless bulls build out and obvious spike up setup
f) but they HAVE ONE NOW, not taking it is obvious sign of weakness
Comment:
g) my call is spike to to 2225-2230
h) if it does, it may check to 2195
i) BUT STILL HAVE TO CLOSE 2025-ish
j) this would make obvious what their intentions are
h) if it does, it may check to 2195
i) BUT STILL HAVE TO CLOSE 2025-ish
j) this would make obvious what their intentions are
Comment:
Comment:
7:20 AM ET, bears made it to 71.xx
a) they break under this before CPI
b) bulls would not be the favorite
c) and there.... it just went
a) they break under this before CPI
b) bulls would not be the favorite
c) and there.... it just went
Comment:
10:21 AM, That's silly, GUESSING EVERYTHIING?
a) that's what trend engine does!!
b) before CPI it gave 3 suggestions
c) and said under 2171, bulls "would not be the favorite"
d) that's also obvious to most everyone
e) so it CHOSE ORANGE
f) big deal
g) then the engine figures out when would those targets hit next
h) WHEN, NOT IF
I) obviously 2850 gets pushed to MAY/JUNE
j) but 2340 and 2550 is staying put for this time frame
a) that's what trend engine does!!
b) before CPI it gave 3 suggestions
c) and said under 2171, bulls "would not be the favorite"
d) that's also obvious to most everyone
e) so it CHOSE ORANGE
f) big deal
g) then the engine figures out when would those targets hit next
h) WHEN, NOT IF
I) obviously 2850 gets pushed to MAY/JUNE
j) but 2340 and 2550 is staying put for this time frame
Comment:
l) I don't even take ANY OFFENSE to someone saying that
m) because they can't see THAT IS HOW it's supposed to work
n) describe situation, give 2, 3, 4 whatever outcomes, YES IT'S A GUESS
1) but did it hit one of them, YES
2) now can you tell what next ?
3) it's number of routes for price to choose
4) I know what those routes are
5) but until we have a close it's not worth that time to put them out
6) and if you think I didn't consider this, when I put out 2340-2550-2850 "IN 24 TRADING DAYS"...
7) you are out of your mind
m) because they can't see THAT IS HOW it's supposed to work
n) describe situation, give 2, 3, 4 whatever outcomes, YES IT'S A GUESS
1) but did it hit one of them, YES
2) now can you tell what next ?
3) it's number of routes for price to choose
4) I know what those routes are
5) but until we have a close it's not worth that time to put them out
6) and if you think I didn't consider this, when I put out 2340-2550-2850 "IN 24 TRADING DAYS"...
7) you are out of your mind
Comment:
Comment:
a) for chart above at 11:54 AM ET
b) signal from 4-min bars say bottom is in ( so take it with some salt)
c) this route has 2320 on 03/25 and 2345 on 03/27
b) signal from 4-min bars say bottom is in ( so take it with some salt)
c) this route has 2320 on 03/25 and 2345 on 03/27
Comment:
1:13 PM ET, signal says whatever close we get, it's not going to be good enough
1) mean price unlikely to close above 2167 but it needs 2172
2) so what?
3) so price checks to 2140
1) mean price unlikely to close above 2167 but it needs 2172
2) so what?
3) so price checks to 2140
Comment:
4) it may move lower right now
5) that's actually not that bad if price moves to 2140
6) BUT CLOSE 2163
5) that's actually not that bad if price moves to 2140
6) BUT CLOSE 2163
Comment:
1:55 PM ET, 2156.34 LIVE FLOOR IS 2125 for next 2 hours
a) I don't know if likely
b) but very very possible
c) if we break under 2140, that will kill the calendar and wrap this all up
a) I don't know if likely
b) but very very possible
c) if we break under 2140, that will kill the calendar and wrap this all up
Comment:
d) wrap up: 2:08 PM ET 2155.XX
1) if you look at the chart w/3 routes above
2) it's pretty much doing orange route but an hour slower
3) which means it can to to 2140, but that will get defended first
4) it may bounce and "eventually get there" Friday morning
5) I can it go deeper
6) sure, but it has to "make a point of it" today with a strong bear close
7) in order to "push the floor down to 2096.
8) and total wrap up:
1) if you look at the chart w/3 routes above
2) it's pretty much doing orange route but an hour slower
3) which means it can to to 2140, but that will get defended first
4) it may bounce and "eventually get there" Friday morning
5) I can it go deeper
6) sure, but it has to "make a point of it" today with a strong bear close
7) in order to "push the floor down to 2096.
8) and total wrap up:
Comment:
a) so bears have momentum BUT A SMALL WINDOW TO DO SOMETHING
b) it's hard to see them get under 2140 in any way if they can't "close near there"
d) does that change targets
e) NO it only changes time
f) 2340 is coming by 04/05 even it worst case scenario
g) 2550 is coming 04/19-26 worst case scenario
h) 2850 is in flux based how much damage bears can do between now and Friday
i) and while the window for them is open until then
j) the FLOOR KEEPS RISING if they dont' make a move for it
b) it's hard to see them get under 2140 in any way if they can't "close near there"
d) does that change targets
e) NO it only changes time
f) 2340 is coming by 04/05 even it worst case scenario
g) 2550 is coming 04/19-26 worst case scenario
h) 2850 is in flux based how much damage bears can do between now and Friday
i) and while the window for them is open until then
j) the FLOOR KEEPS RISING if they dont' make a move for it
Comment:
Comment:
Comment:
a) continuing with the last two charts
b BECAUSE OF THE WAY TRENDS AND THE CALENDAR FIT
c) this is the ONLY LOGICAL ROUTE LEFT to 3000
f) hold on... that doesn't mean price will act logically
g) it just means that targets and dates are this time as close to immovable as possible
b BECAUSE OF THE WAY TRENDS AND THE CALENDAR FIT
c) this is the ONLY LOGICAL ROUTE LEFT to 3000
f) hold on... that doesn't mean price will act logically
g) it just means that targets and dates are this time as close to immovable as possible
Comment:
h) therefore:
Comment:
1. 2345 MUST COME BEFORE 04/05 NFP
2. 2550 MUST COME BEFORE 05/01 FOMC'
3. and even though the target is 3000...
4. 2900 MUST COME BEFORE 06/07 NFP
2. 2550 MUST COME BEFORE 05/01 FOMC'
3. and even though the target is 3000...
4. 2900 MUST COME BEFORE 06/07 NFP
Comment:
5. and since the 3K "tops" will be late may or early June
6. THE 2 WEEK CORRECTION TO 2550 AGAIN WILL HAPPEN BEFORE 06/30
6. THE 2 WEEK CORRECTION TO 2550 AGAIN WILL HAPPEN BEFORE 06/30
Comment:
7. the correction after 2345 now looks like 2210
8. the correction after 2550 now looks ike 2380-2400
9. and after the check down from 2345 to 2210-ish
10. THE ERRORS WILL BE ON THE HIGH SIDE
11, because momentum long term
12) over shoot targets
13. that is a triple final wrap for everything
14. wish you all the best in your endeavors, good bye
8. the correction after 2550 now looks ike 2380-2400
9. and after the check down from 2345 to 2210-ish
10. THE ERRORS WILL BE ON THE HIGH SIDE
11, because momentum long term
12) over shoot targets
13. that is a triple final wrap for everything
14. wish you all the best in your endeavors, good bye
Comment:
15. so the information that I just added here be useful
16. I swear am 200% dead serious
17. the first two targets 2345 by 04/05 and 2550 by 04/25
18. are from my grades PERFECT PERFECT signals
19. there's only 44 live days until 04/25
20. that from calendar perspective TOO LATE TO CHANGE
21. the 3k highs can still change NOT IN TIME BUT IN VALUE
22. so WORST CASE SCENARIO , the third top is 2700
23. that would imply the run is completely over
16. I swear am 200% dead serious
17. the first two targets 2345 by 04/05 and 2550 by 04/25
18. are from my grades PERFECT PERFECT signals
19. there's only 44 live days until 04/25
20. that from calendar perspective TOO LATE TO CHANGE
21. the 3k highs can still change NOT IN TIME BUT IN VALUE
22. so WORST CASE SCENARIO , the third top is 2700
23. that would imply the run is completely over
Comment:
24. WHAT I RECOMMEND:
a) don't over think it
b) the buy for the next run is either now or tomorrow
c) odds decrease of the low being Thursday or later
d) AND THOSE ODDS DECREASE FOR EVERY MINUTE BEARS DO NOT PUSH LOWER
e) so consider the bullpack a gift for 2340 and higher
f) ALL THAT TIME I SAID TO WAIT FOR A LEVERAGE LONG?
g) NOW IS THE TIME TO LEVERAGE LONG AND HOLD ALL THE WAY
h) of course sell half/ or more at 233 and 2535 and reload at the check down
I) but don't wast time on 10 pt moves when you CAN TRADE FOR 1700+ PTS including swing
j) giant moves JUST DON'T COME ALL THE TIME
k) you wait and wait and wait and wait and most of the time NOTHING EVER HAPPENS
l) this is THAT TIME
m) and if I could change it, I'd stay to walk through it with you
n) but I unless pre arranged plans for me change, I cannot
o) but if this stuff I've worked on for 8 years man
p) this is the #1 call for that entire run
a) don't over think it
b) the buy for the next run is either now or tomorrow
c) odds decrease of the low being Thursday or later
d) AND THOSE ODDS DECREASE FOR EVERY MINUTE BEARS DO NOT PUSH LOWER
e) so consider the bullpack a gift for 2340 and higher
f) ALL THAT TIME I SAID TO WAIT FOR A LEVERAGE LONG?
g) NOW IS THE TIME TO LEVERAGE LONG AND HOLD ALL THE WAY
h) of course sell half/ or more at 233 and 2535 and reload at the check down
I) but don't wast time on 10 pt moves when you CAN TRADE FOR 1700+ PTS including swing
j) giant moves JUST DON'T COME ALL THE TIME
k) you wait and wait and wait and wait and most of the time NOTHING EVER HAPPENS
l) this is THAT TIME
m) and if I could change it, I'd stay to walk through it with you
n) but I unless pre arranged plans for me change, I cannot
o) but if this stuff I've worked on for 8 years man
p) this is the #1 call for that entire run
Comment:
q) that's it GOOD LUCK!
Comment:
r) and I hate counting Elliot waves bc you can only know after wards
s) but based on that man, this thing is NOT DROPPING UNDER 2140
t) so if I see it, that's my the last of my entry and all the leverage
s) but based on that man, this thing is NOT DROPPING UNDER 2140
t) so if I see it, that's my the last of my entry and all the leverage
Comment:
u) don't misunderstand as YOU HAVE TO GET IN NOW
v) the trend engine says today or tomorrow IS THE LOW
w) but wait for this:
v) the trend engine says today or tomorrow IS THE LOW
w) but wait for this:
Comment:
Comment:
4:25 PM ET FOR ENTRY CHART ABOVE...
1) bc of the close WE KNOW BOTTOM IS NOT IN
2) so it's either tomorrow or maybe before PPI on Thursday
3) either or...
4) it should be like blue or like orange
5) I think you can eliminate a low under 2130... that's hard to do
6) BUT DON'T GET IT BEFORE PRICE BREAKS YELLOW LINE
7) AND NO LEVERAGE UNTIL YOU SEE IT CHECK AT LEAST ONCE AFTER YELLOW LINE
8) and if you have to KNOW FOR SURE
9 buy the first spike up after 3/20 fomc
10 before fomc THIS WILL GO NOWHERE
1) bc of the close WE KNOW BOTTOM IS NOT IN
2) so it's either tomorrow or maybe before PPI on Thursday
3) either or...
4) it should be like blue or like orange
5) I think you can eliminate a low under 2130... that's hard to do
6) BUT DON'T GET IT BEFORE PRICE BREAKS YELLOW LINE
7) AND NO LEVERAGE UNTIL YOU SEE IT CHECK AT LEAST ONCE AFTER YELLOW LINE
8) and if you have to KNOW FOR SURE
9 buy the first spike up after 3/20 fomc
10 before fomc THIS WILL GO NOWHERE
Comment:
11) it's almost NOT WORTH TRADING until 3/20
Comment:
12) there, that solves your entry problem
13) see ya
13) see ya
Comment:
14) it can't be orange, I just disproved it
15) so SOMEHING LIKE BLUE OR BETTER
16) it must START GOING UP BEFOR FRIDAY NY OPEN
17) botom is probably some time tomorrow
15) so SOMEHING LIKE BLUE OR BETTER
16) it must START GOING UP BEFOR FRIDAY NY OPEN
17) botom is probably some time tomorrow
Comment:
Comment:
a) in chart above ...
b) in situations where the TECHS ARE WORSE
c) the wave that I outline with bold blue... does not break
d) SO IT SHOULDN'T HERE EITHER
e) so the LOW MUST BE TOMORROW AM
f) my call is 2143
b) in situations where the TECHS ARE WORSE
c) the wave that I outline with bold blue... does not break
d) SO IT SHOULDN'T HERE EITHER
e) so the LOW MUST BE TOMORROW AM
f) my call is 2143
Comment:
THIS POST HAS ENDED. BUT WE GOING OUT IN STYLE WITH ANOTHER LAST POST:
Related Ideas
1) I know it seems crazy, 2850 is such a huge target
2) how is that even knowable?
3) because all I've done in 8 years is research regression trend waves
4) it is not an easy call, that's for sure
5) I may move it down to 2750 as we get closer
6) no hi-lights this time
7) all I know, that I know, is that the target and time frames are correct