1 min ellipses pointing to 1266/67 at 13.30 pm. I believe the move will be down, but it's a 55/45 bet. Suggest that you guys check Al_Dente's 1 min system to monitor closely. Hey Al, do you have a name for your baby?
If price is tracing a large ZigZag off the October 4 low then the assumed wave (C) up should be on the verge of completing the first impulsive up leg.
Then we need 13 waves.
In order to get 13- waves we need an Ending Diagonal wave (5).
If instead price reverses here then we have 11 waves = Double ZZ in which case this up leg could be the wave (a) of (B) of a Triangle
For QQQ, during the “30 min opening range” there was a surprising BOT-induced fractal similarity of trade patterns between today and Friday.
Q: will this similarity extend in time?
cougar wrote:For QQQ, during the “30 min opening range” there was a surprising BOT-induced fractal similarity of trade patterns between today and Friday.
Q: will this similarity extend in time?
This is what I mean.
If the answer to the Q is yes, a down-trip should start soon.
OK, I copied it and saved in my chart book, now I don't need you any more HAHAHAHAHAH
Nice set up! keep it coming.
Thanks Al, I've also copied it to my charts. Did not delete your old ones, want to see first which chart setting meets my needs best. Really appreciate.
cougar wrote:For QQQ, during the “30 min opening range” there was a surprising BOT-induced fractal similarity of trade patterns between today and Friday.
Q: will this similarity extend in time?
This is what I mean.
If the answer to the Q is yes, a down-trip should start soon.
I bet on it that it will, well, so far the early bird got shot down
My comments are for entertainment/educational purpose only. NOT a trade advice.
PS: Uempel, as u know it’s just 7 different pieces of the puzzle, but there is an uncanny beauty in throwing them altogether in one chart, right in your face. For lack of a better term, we’ll call it “Uncle Al’s Internals.” PS: when u have a moment, please post Amy…something calming… thanks
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
not good looking but I'll wait for a few bars. Maintain the target.
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PS: Uempel, as u know it’s just 7 different pieces of the puzzle, but there is an uncanny beauty in throwing them altogether in one chart, right in your face. For lack of a better term, we’ll call it “Uncle Al’s Internals.” PS: when u have a moment, please post Amy…something calming… thanks
nothing against dollar, just don't think dollar is good constant value to use to gauge spx. IMHO
My comments are for entertainment/educational purpose only. NOT a trade advice.
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the bigger picture, 2 doji under resistance, not a good looking picture, let's see how the current bar ends.
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Cobra wrote:not good looking but I'll wait for a few bars. Maintain the target.
cobra,could you please tell me did the OR BREAKOUT work on the other symbol,like qqq&dia?
don't follow, it's not that simple, you cannot trade every OR breakout, otherwise you'd lose a lot. I just report whenever some other conditions are met so that OR breakout has a little better chances.
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