Predictive/Forecasting Model Eyes 405/575; So Do Market-Geos.
PREDICTIVE/FORECASTING SYSTEM:
1 - 575.65 - 27 FEB 2015
and
2 - 405.95 - 27 FEB 2015
SIMPLE MARKET GEOMETRIES:
Large simple symmetrical a-b = c-d patterns aim for similar vicinity.
1 - The largest in light blue projects into the Model's range of 575.65 to 405.95
2 - The smallest in light purple projects slight above the Model's first target of 575.95
Averaged projection of the blue terminal and purple terminal levels is (623.69 + 501.17)/2 = 562.43, or slightly right at the Model's first target of 575.95
OCCULT MARKET GEOMETRIES:
Momental lines (representing dominant rated of change in price throughout any timeframe, running independent from channel lines) can be seen in the chart as running from bottom left to upper right. This is to contrast with a long-term bearish channel which is running from top-left to bottom-right.
These momental lines are likely to remain in force in this case, as in any other cases, imposing their omni-present forces on price, ... in this particular case acting as an overhead resistance.
OVERALL:
Price action is likely to seek a denouement in the shaded area. The arrow shows the probable direction of price. Invalidation of this would need to meet two important tests:
1 - Transgression of the momental line
and
2 - Committed accession above the 1944 level, whereby price would Break-Across + Close-Across ("BACA").
Stay tuned,
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
-----
Twitter:
4xForecaster
Linked-In:
David Alcindor
-----
.
1 - 575.65 - 27 FEB 2015
and
2 - 405.95 - 27 FEB 2015
SIMPLE MARKET GEOMETRIES:
Large simple symmetrical a-b = c-d patterns aim for similar vicinity.
1 - The largest in light blue projects into the Model's range of 575.65 to 405.95
2 - The smallest in light purple projects slight above the Model's first target of 575.95
Averaged projection of the blue terminal and purple terminal levels is (623.69 + 501.17)/2 = 562.43, or slightly right at the Model's first target of 575.95
OCCULT MARKET GEOMETRIES:
Momental lines (representing dominant rated of change in price throughout any timeframe, running independent from channel lines) can be seen in the chart as running from bottom left to upper right. This is to contrast with a long-term bearish channel which is running from top-left to bottom-right.
These momental lines are likely to remain in force in this case, as in any other cases, imposing their omni-present forces on price, ... in this particular case acting as an overhead resistance.
OVERALL:
Price action is likely to seek a denouement in the shaded area. The arrow shows the probable direction of price. Invalidation of this would need to meet two important tests:
1 - Transgression of the momental line
and
2 - Committed accession above the 1944 level, whereby price would Break-Across + Close-Across ("BACA").
Stay tuned,
David Alcindor
Predictive Analysis & Forecasting
Denver, Colorado - USA
-----
Twitter:
4xForecaster
Linked-In:
David Alcindor
-----
.
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