I was looking for around 2821/22 today and we got 2824. Now I'm looking for the 2605 area by Friday and around 2553 by Wednesday next week with a bounce in between Fri/Mon to around 2744 SPX.
The FANG stock look ready to implode! They are rotating from growth into value.
Whoa ! More than 200 points moves in 2 days ? That's bigger than 3 standard deviations move. It means you have less than .003% odds on your side that your forecast will come true. And to add to the excitement, you throw in an another 144 point move to the upside, another 3 standard deviation move between wed and fri. And then a final climactic drop of another 200 points, another 3 standard deviation move to the downside. Three of 3 standard deviations moves in a week. It has never happened in history. Wow, i thought i had seen it all. This one takes the take the cake. I gotta bookmark it.
Edited by NAV, 01 August 2018 - 01:29 AM.