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Don't know what pattern it is, maybe a price channel. Now in the middle of the channel, so could be either up or down.
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SPX 20w 2038 just above, the open gap… SPX also on 3 week uptrend.. as VIX is in a bullish falling wedge 15m.. SPX trend goes.. possible sharp pullback. AAPL Sharp pullback in PreM tags 50d then drops below 20d
Ellipses on long term daily show a time signal for today and for next Monday (26th).
Check the dashed verticals which were time signals by the same set of ellipses.
For those who don't know: time signals generated by ellipse crossovers suggest a big move, they don't suggest a direction such as up or down. Time signals are all about when the move should occur. Last but not least: success rate is quite good, but it's not a safe bet (like nothing in life )
uempel wrote:Ellipses on long term daily show a time signal for today and for next Monday (26th).
Check the dashed verticals which were time signals by the same set of ellipses.
For those who don't know: time signals generated by ellipse crossovers suggest a big move, they don't suggest a direction such as up or down. Time signals are all about when the move should occur. Last but not least: success rate is quite good, but it's not a safe bet (like nothing in life )
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Hey the way market is behaving, it is very easy...it's GOING UPPPPPPPPPP....
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