extrapolation of half and full span 10 wk mv avgs for estimating short term price action. the actual intersection would occur in approx 19 days, however once the 1/2 span avg is 7 days further along the much smoother full span average can be drawn in for the intersection. the price location of the intersection itself is estimated at approx 1/2 the distance from top to the bottom of the 10 wk cycle.
Very interesting. You know what that 7th day coincides with ? Fed meeting. A blast-off post Fed meeting sounds logical.
You mean the 3/4 moon Nov. 1st don't you?
