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SPX pattern prediction for today November 12th

Started by SP500daytrader , Nov 12 2019 12:10 PM
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#1 SP500daytrader

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Posted 12 November 2019 - 12:10 PM

Here is the expected SPX pattern for today:

Tuesday November 12th

  • From the top @ 10:30 we should see a low at 1pm
  • to a high @ 2 pm
  • to a low @ around 2:20 pm
  • rally to a high @ 3 pm
  • decline to almost closing bell  @ 3:50 pm

Trade well flowers.gif


Edited by SP500daytrader, 12 November 2019 - 12:11 PM.

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#2 blustar

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Posted 12 November 2019 - 12:47 PM

Looking at the Jup/Sat, Solunar, the 54 CD top, full moon and astros, I believe we see a pull back into Friday (Hurst 10+1 low from Oct 31) down to around 3055 from today's top.  The next important top is Nov 25, which is a Jup/Sat top 8+1 Gann TD's (Hurst 10-1) from today and close to a S/L top on the 26th. There is also a J/S low due Monday next week and an S/L top due Tuesday, which could see a 4 TD top early Monday and sell-off EOD, post OPEX.  

 
The Nov 21 J/S low should come on the S/L low due Nov 22 near the Sun > Sagittarius on the 23rd.  There is a secondary J/S top due on the 29th, which should tag on Dec 2 (the next trading day post THX-giving trading), 4 TD's after the expected Nov 25 top and could be a 'b' wave top before a huge drop into the 4th.  Dec 4 is the next important J/S low. 
 
Today's low of 2993 ish may be about it and we likely close stronger toward the close about 2999 my best guess.  I would start shorting on the open Wed into Friday's expected low. Just my 2 cents worth. This week's high does not look like THE high.  The B Bands need to squeeze together first on the daily and to me that is pointing to Nov 25 for the final top of the move up from Oct 3. Aug 5 to Oct 3 was 42 TD's.  Oct 3 + 42 TD's = Dec 3rd or 4th (due to half Holiday trading on the 29th the 4th looks better and fits better with the astros).

Blessings,

 

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