2680 IN 44 HOURS DRAFT 1, IF TODAY CLOSES 2520
BFS's proprietary trend engine is calling for runaway top at 2680+ before Tuesday's NY open. This is first draft of this move if today closes 2520. I am working for the 2530 close for which right now at 2503.90 and 12:43 PM ET, on Friday 8/23 is the 51-49 favorite vs 2520 close. This is so we have something to go buy (by) while I finish mapping.
Note
12:57-- I have this wrong, THIS IS THE 2530 CLOSE.
1) I switched settings but didn't know it
2) so the 2520 close would be slow by 1 day
3) so early look:
Note
Note
1) This is a really bad first 2 drafts.
2 It assume even vol through out.
3) That's unlikely to happen.
4) It this should be a 4-5 day rally
5) But that almost guarantees 2700.
6) So we will see soon.
7) Consider this post finished.
8) Obviously will follow up.
Note
THIS IS THAT FOLLOW UP:
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.