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Well, we could use another leg down...hopefully comes tomorrow...would like to see price fall beginning today...???flrtrader wrote:TraderGirl wrote:Royal, I am surprised you understand what she is talking about...other than her last sentence...I can't understand....Royal Flush wrote:Excellent work FlowerGirl thanksFlowerGirl wrote:Notice how all recent down moves (small and large) have followed similar rate of decent . They use the top of 4/9 pBAR to anchor the purple line and rest was just natural. (orange highlight)
While 4/10 pBAR was pointing up but red, so Team Red moved SPY down by the exact length of the bar. Aren't you surprised how orchestrated this play is?Expect some resistance at the next purple diagonal. If SPY clears it, Team Green is in charge.
Using the size of a p-bar to measure a move?? Can she ever provide an advanced projection of that move? Or is it always "after the fact"? Just wondering if her theory is forward looking or only backwards....??? I can always tell you tomorrow what the market is doing today...
My point exactly Mamm,
Does your crystal ball have anything for us!
Best
MrMiyagi wrote:You couldn't leave it alone TraderGirl!!TraderGirl wrote:Well, we could use another leg down...hopefully comes tomorrow...would like to see price fall beginning today...???
Perhaps there is only a small leg up left??
Nobody here NEEDS to appreciate anything...FlowerGirl wrote:Projections?
"Notice how all recent down moves (small and large) have followed similar rate of decent ."
Check my previous posts to appreciate the accuracy of this statement.
"Expect some resistance at the next purple diagonal. If SPY clears it, Team Green is in charge"
Does this sound like a projection and how accurate it was. Didn't price stall here? This statement was posted before price stalled at this level
Can you read between the lines? Wasn't this posted before a move. Do you see a projection here?![]()
"Yellow channel may explain the lack luster performance of Team green."
If none of the above sounds like a projection here is one without a contest:
Probability of Green Team making to Green box following yellow channel is much higher than Team Red pushing the price down the purple.Rationale behind the conclusion is on the chart, you just need to appreciate it.
So I gather!TraderGirl wrote: Nobody here NEEDS to appreciate anything...
only post I can understand today, is it the bloody moon thingy?Al_Dente wrote:Bigger picture: we are still under the 5 day moving average; bulls won’t be taken seriously until that changes
(cough) dow up +150 points
INDEX dailies... DOW is the first to tag it's 50d.. everyone else lagsAl_Dente wrote:Bigger picture: we are still under the 5 day moving average; bulls won’t be taken seriously until that changes
(cough) dow up +150 points
Notice last pBAR tail is equidistant to the Team Green target.MrMiyagi wrote:
BullBear52x wrote:only post I can understand today, is it the bloody moon thingy?Al_Dente wrote:Bigger picture: we are still under the 5 day moving average; bulls won’t be taken seriously until that changes
(cough) dow up +150 points
Yes, intraday is now buy, one buy coupon at least.flrtrader wrote:BullBear52x wrote:only post I can understand today, is it the bloody moon thingy?Al_Dente wrote:Bigger picture: we are still under the 5 day moving average; bulls won’t be taken seriously until that changes
(cough) dow up +150 points
So Boss We Are Now In Buy The Dip Mode?
I to am having a hard time today!