2360-2600-3300-5400 DRAFT 6-4, CURVES SHIFT UP
Introduction - From notes of 6-3, this is as far as I can get. Bulls pushing for yellow route. From what I see, we get to 2250 end of this coming Thursday. This doesn't change the top or topping process. But, how we get there in that box in chart above, is not completely clear.
Details - See previous drafts for details. Will add in time. In the mean time, giant triangle does not change, the area between 2250 and 2360 looks very annoying right now.
Details - See previous drafts for details. Will add in time. In the mean time, giant triangle does not change, the area between 2250 and 2360 looks very annoying right now.
Comment:
Comment:
11:52 PM ... I don't have one.
a) so the entire curve shifts up...
b) we would move for 2320 by Tuesday 04/02...
c) and because we don't have new low...
d) that 2320 level is not going to break soon
a) so the entire curve shifts up...
b) we would move for 2320 by Tuesday 04/02...
c) and because we don't have new low...
d) that 2320 level is not going to break soon
Comment:
e) so dumb.. looks just like DRAFT 5 now
f) what a waste of time
f) what a waste of time
Comment:
g) I'm going to bed
Comment:
12:35 ONLY THING I CAN THINK OF THAT FITS EVERYTHING NOW:
Comment:
a) for chart above: so we going to 2305-ish
b) DRAFT 5 was a quad top near 2350
c) and it could still do that
d) but the triangle pattern is there.. it's not going away, we will see at 2300
e) but it the only thing that fits everything ...
f) would be 2305, check down, then complete the pattern
g) which would be 2395-2400
b) DRAFT 5 was a quad top near 2350
c) and it could still do that
d) but the triangle pattern is there.. it's not going away, we will see at 2300
e) but it the only thing that fits everything ...
f) would be 2305, check down, then complete the pattern
g) which would be 2395-2400
Comment:
h) let's see what happens after 2305..
i) we will know around NFP
i) we will know around NFP
Comment:
8:21 AM ET, Monday 03/25, what I think I know now:
a) ok so we are pretty sure now it's yellow route in chart at top to 2250
b) and then probably check to 2220 before moving to 2300 like chart right above here
c) that top is somewhere between 2295-2310 landing on 04/01 or 04/02
d) this much IS REALLY STRONG NOW...
e) then obviously comes another quick correction
f) how big it will be decides how hight the 4/12 will be
g) so to review:
1) it's 2173.xx as I type
2) this week we move to 2250
3) next week we check to 2220 and move to 2300-ish
4) then WE CHECK TO AT LEAST 2250 OR AT MOST 2220 AGAIN
5) if that check is 2250, then the 4/12 top is 2400-ish
6) if that check is 2220 again, then the 4/12 top is 2360-ish
a) ok so we are pretty sure now it's yellow route in chart at top to 2250
b) and then probably check to 2220 before moving to 2300 like chart right above here
c) that top is somewhere between 2295-2310 landing on 04/01 or 04/02
d) this much IS REALLY STRONG NOW...
e) then obviously comes another quick correction
f) how big it will be decides how hight the 4/12 will be
g) so to review:
1) it's 2173.xx as I type
2) this week we move to 2250
3) next week we check to 2220 and move to 2300-ish
4) then WE CHECK TO AT LEAST 2250 OR AT MOST 2220 AGAIN
5) if that check is 2250, then the 4/12 top is 2400-ish
6) if that check is 2220 again, then the 4/12 top is 2360-ish
Comment:
8:40 AM ET, OR it's going to be 2400 anyway
a) it can't be eliminated either way
b) let''s do first leg first, 2250-2220-2300
a) it can't be eliminated either way
b) let''s do first leg first, 2250-2220-2300
Comment:
8:56 AM ET, so for visual reference of base case, 2400 version
Comment:
a) in chart above, light blue is 6-3 and yellow is extended 6-4
b) new darker blue is future 6-5
b) new darker blue is future 6-5
Comment:
c) triangle still intact:
Comment:
10:12 AM, I have the right idea, but the route from 2250-2300 is not easy to figure out
a) just buy and hold that would work
b) we'll see first week of april
a) just buy and hold that would work
b) we'll see first week of april
Comment:
11:30 AM ET: THIS POST HAS ENDED & HERE IS 6-5:
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