The daily is very bad through Jan, that low is 15 trading days away.
That 38 day peak on Thurs should align with the 195 min component on Weds.
Then it should be down, I imagine Friday is an eventful down day, and then
allowing for a Fed panic Monday the 9-10th, the rest should be down.
The weeklies are a mess, the RUT daily is quite a bit stronger than this however.
The fischer transform model slipped into the initial sell on Thurs with 15 < 34 day
but both still above zero. A back kiss when 15 comes up to the 34 and then they
both begin the rollover could be that Wed-Thurs 195 min with daily peak.
15 and 34 day fischer should be on it's way down with impulse from 6-7 days which allows for
Monday the 9th to be a Fed open day.
Presently the 195 min shows a swing up on the 9-10th allowing one
day of follow through, I think shorting has to
wait for the Fed to panic on the 9th-10th.
Weds should be a sell long day, Friday a down day.
Then the big picture short on the 9-10th allowing the 195 min
to swing back up. Friday might be that day that does some technical
damage and you know how they swing it up after that for the shellacking.
I'll sell longs on Weds with some puts on Thurs to Friday, then
heavier short on the 10th. It's about screwing around and burning
time so they are complacent before that drop.
