MQP DEMOGRAPHICS THESIS 1D, 45MIN BAR, FINAL UPDATE TIL OCTOBER
HEADER - This is an even more thoroughly complete draft than previous 1C draft. Odds of 1610 target by 9/1 are 85%, and odds still climbing from regressions point of view if bold down-trend-line resistance holds to 8/26.
SUMMARY - In this chart, all curved lines are ratio-ed sets of regressions to forecast this move. All vertical lines are "after" expected lows. All other trend lines are crucial support for gold prices. All ellipses are important ratio-ed regression crossovers that are proofs for 9/1 1610 target.
DETAILS - Out of 100, blue route is 68%, orange route is 17%, not as bearish routes less than 6%, and reversal-break-up less than 10% at posting of this chart. Previous drafts leading to this post all linked below.
SUMMARY - In this chart, all curved lines are ratio-ed sets of regressions to forecast this move. All vertical lines are "after" expected lows. All other trend lines are crucial support for gold prices. All ellipses are important ratio-ed regression crossovers that are proofs for 9/1 1610 target.
DETAILS - Out of 100, blue route is 68%, orange route is 17%, not as bearish routes less than 6%, and reversal-break-up less than 10% at posting of this chart. Previous drafts leading to this post all linked below.
Comment:
3. this also means that entry short now is great r and r
4. this also means that 8/26 short entry should be around 1735-1740 as opposed to 1760
4. this also means that 8/26 short entry should be around 1735-1740 as opposed to 1760
Related Ideas
1. so price has moved in between blue and orange routes (but closer to blue) since I posted this
2. regressions say that price action from now to end of next friday (5 days and 6 hours from now) should be closer to orange route, I would put orange at 49% and blue at 31%, all other bearish outcomes 10%, bull reversal 10%