MQP INFINITE REGRESSION COMPLETE 1-A, BINARY 51-49 BULL
GIST - THIS IS INFINITE REGRESSION COMPLETE.
BACK GROUND - There are four charts linked here IN ORDER. Bearish intermediate is #006-10. Bearish short term is #006-14. Bullish intermediate is #007-2. Bullish short term is #007-3. Because bullish outcome has only been recognized in the last 3 days the bullish charts ARE MUCH MORE GENERIC for this reason. THIS IN NO WAY MEANS IT IS LESS LIKELY. Live odds is just at 50/50.
DETAILS - I just wrote for 2 hours and then closed the screen by accident. I am not writing the whole thing over bc I am out of time. Summarry is:
- for these charts only (bc colors vary w/ regression sets): highlight is price, blue is imminent curve, red short term, black medium term, navy/purple is intermediate, orange is long
- A is high for next week, B is correction, C is regression image PRIOR TO FOMC ON 8/28, D is outcome
- bull out come needs a strong close today above 1772, 1800 needs to get hit Mon/Tues, 1820s/30s by 8/20, with 1780-85 floor by 8/27
- bear out come needs a weak close today, 1805 ceiling next week 1740-45 floor by 8/27
- this idea is is listed as "long" because that's still the next move
I hope to post 1-B and 1-C if have time.
BACK GROUND - There are four charts linked here IN ORDER. Bearish intermediate is #006-10. Bearish short term is #006-14. Bullish intermediate is #007-2. Bullish short term is #007-3. Because bullish outcome has only been recognized in the last 3 days the bullish charts ARE MUCH MORE GENERIC for this reason. THIS IN NO WAY MEANS IT IS LESS LIKELY. Live odds is just at 50/50.
DETAILS - I just wrote for 2 hours and then closed the screen by accident. I am not writing the whole thing over bc I am out of time. Summarry is:
- for these charts only (bc colors vary w/ regression sets): highlight is price, blue is imminent curve, red short term, black medium term, navy/purple is intermediate, orange is long
- A is high for next week, B is correction, C is regression image PRIOR TO FOMC ON 8/28, D is outcome
- bull out come needs a strong close today above 1772, 1800 needs to get hit Mon/Tues, 1820s/30s by 8/20, with 1780-85 floor by 8/27
- bear out come needs a weak close today, 1805 ceiling next week 1740-45 floor by 8/27
- this idea is is listed as "long" because that's still the next move
I hope to post 1-B and 1-C if have time.
Comment:
IF BEARISH -
- should not spend more than 4 -hour bar ABOVE 1800
- should not spend more than 4 -hour bar ABOVE 1800
Comment:
THERE IS ALSO A BACKSTABBING SITUATION LIKE:
We shoot to 1795 either today or Monday, but RUGPULL HARD ON TUESDAY TO 1740's/50's. BUT THEN SPEND REST OF WEEK GOING 1830's. So what then? The week of 8/23-8/27 will decide a lot. Basically how much to sell off before a break by 8/27.
We shoot to 1795 either today or Monday, but RUGPULL HARD ON TUESDAY TO 1740's/50's. BUT THEN SPEND REST OF WEEK GOING 1830's. So what then? The week of 8/23-8/27 will decide a lot. Basically how much to sell off before a break by 8/27.
Related Ideas
- bull outcome must be made obvious next week
- Monday 1795, 1800's before Tuesday open
- 1820s+by Friday, obviously preferring 1830s even 1840s