$AMC | Model Suggests Wild Targets
Updated
Hello Traders,
As a purely speculative exercise on the accuracy of my model, I'd like to publish this idea.
The model tries to identify pressure points in any given market. The pressure points themselves identify the breadth and strength of the move to come. It exists in all time frames and can be applied to any market. The targets are printed as data is fed into the algorithm. The further away from the pressure point, the lower probability it has of attaining such levels and the higher the probability of a correction/reversal.
As a purely speculative exercise on the accuracy of my model, I'd like to publish this idea.
The model tries to identify pressure points in any given market. The pressure points themselves identify the breadth and strength of the move to come. It exists in all time frames and can be applied to any market. The targets are printed as data is fed into the algorithm. The further away from the pressure point, the lower probability it has of attaining such levels and the higher the probability of a correction/reversal.
Note
Here we go.
Note
TG1 and TG2 hit. Next highest probability target is TG 3 @ $114.6.
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