MQP PRESENTS - TO SUM IT UP, DRAFT 1
HEADER - These are the four routes to 2023 implied by price action. My money is on the bright one.
SUMMARY - The light gray route in the middle was most likely on 8/6. The blue route below one was most likely on 9/27. The high one was "rumors" projection on 9/28 (basically a fractal search). My money is on the bright one.
DETAILS - Links for the first 3 are below. The trade here is to short the small box on 11/02 FOMC.
SUMMARY - The light gray route in the middle was most likely on 8/6. The blue route below one was most likely on 9/27. The high one was "rumors" projection on 9/28 (basically a fractal search). My money is on the bright one.
DETAILS - Links for the first 3 are below. The trade here is to short the small box on 11/02 FOMC.
Comment:
NOTES2-
1. it's Wed 10/05 night about 9.50 pm et
2. price broke line and held AFTER ADP
3. on a fractal search basis, that means 1950 is ok the table by 10/19
4. PPI is 10/12, CPI is 10/13
5. I don't know if that's a favorite, and can't know until 10/11
1. it's Wed 10/05 night about 9.50 pm et
2. price broke line and held AFTER ADP
3. on a fractal search basis, that means 1950 is ok the table by 10/19
4. PPI is 10/12, CPI is 10/13
5. I don't know if that's a favorite, and can't know until 10/11
Comment:
NOTES3- if it takes the bull route early
1. it's 1:31 AM ET, Thursday 10/06
2. there's 2 more legs in play
3. starting at 10/12 a move to 1865
4. and then another leg to 1905 within 1 week after 10/12 (which is 10/17)
5. but I don't have enough to forecast this reasonably
1. it's 1:31 AM ET, Thursday 10/06
2. there's 2 more legs in play
3. starting at 10/12 a move to 1865
4. and then another leg to 1905 within 1 week after 10/12 (which is 10/17)
5. but I don't have enough to forecast this reasonably
Comment:
8:58 AM 10/10
1. below 1680 horizontal resistance not good for bulls ahead of PPI on 10/12 and CPI on 10/13
2. next 48 hours is critical for bulls to make it a real fight with intermediate momentum in the gray area
3. falling to 1625 ahead of 8:30 am on 10/12 is an an early sign DECEMBER CRASH will play out
1. below 1680 horizontal resistance not good for bulls ahead of PPI on 10/12 and CPI on 10/13
2. next 48 hours is critical for bulls to make it a real fight with intermediate momentum in the gray area
3. falling to 1625 ahead of 8:30 am on 10/12 is an an early sign DECEMBER CRASH will play out
Comment:
4. so latest looks like this:
Comment:
WED 10.19 8:05 AM ET, 1633
1. we are on target for 12/20 crash into jan 2023
2. the yellow curve has shifted right above this comment has shifted down
3. if you replay the chart at top, price action should fall in between the lower 2 highlights next 62 days
1. we are on target for 12/20 crash into jan 2023
2. the yellow curve has shifted right above this comment has shifted down
3. if you replay the chart at top, price action should fall in between the lower 2 highlights next 62 days
Related Ideas
1. price needs to break bold down trend line for bull route to be considered
2. if it does for 15 trading days PRIOR TO FOMC, then bull route MAYBE a favorite