2691 this AM, close to initial 2680 target.
System ST signal is BUY now, but in context of continued hourly SELL.
Big spike in fear on options this AM - and chase-o-meter yesterday, but not elsewhere - so 'day traders' finally starting to chase move down, but
swing traders are still very bullish.
Putting that together I expect bounce attempts here, likely some choppy fib retrace to work off the signal...then a move down to test
the key pivot 2680 ..where will get the higher trend decision - we cd panic through to 2640 and still be on the pink pattern, but no more
than that I wd say. I will need to see system signals in real time at 2680 test to determine odds, to hard to say from here but daily signal
is leaning to failure through 2680 ...but, as I say, one step at a time.
* BTW- LQ has as expected turned down bigtime, and that is big problem for any market bounce attempt here, however, market today is holding
up relative to LQ, which is 1st bullish sign, if market can hold together while LQ drops to a low, then when LQ turns up, market will
explode higher ..but, we are not there yet on my signals.
Edited by Entropy3.0, 28 June 2018 - 10:57 AM.
Question everything, especially what you believe you know. The foundation of science is questioning the data, not trusting the data.
I only trust fully falsified, non vested interest 'data', which is extremely rare in our world of paid framing narratives 'psy ops'.
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