NO MORE INCENTIVE #3-1

WARNING - I have stopped doing daily "continuous updates", notes, details, etc... This is all you get. If price move against plan, scrap plan and trade defensively.

HEADER - This is the weekly generic followup previous post, so it's the generic picture one week out. Generic here means general direction, I do not detail the moves as I have done in the past.

SUMMARY - Light blue is #3 path. Blue is current favorite 7:3. Oranges are underdog as of right now, but that changes if followed for 10-12 hours.

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FOR THOSE THAT CARE - So at 8 of 10 ratios, it disagreed VERY much with bull thesis STILL right now. In theory, it's still too low and too slow to make up for lost position. So for 150 day basis with 1-D bar, bears still winning 6:4. Crazy but true:

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12:53 PM ET - So if ORANGE WINS this (blue is till favorite 7:3 on 15-min bars), the bear thesis is still legit until bulls disprove it. From thorough review of 10 ratios, bulls almost HAVE TO hit higher than all those blue boxes right above FROM HERE to eliminate bear comeback. Remember, we should've had 2030 2 Mondays ago to "recover bull position". And we still don't have that.

Trade closed manually

1:10 PM ET - HERE'S WHAT THAT MEANS FOR WEDNESDAY'S FOMC

1) first the 15-min bars say bulls are less than 6:4 right now...
2) since FOMC is THIS Wednesday...
3) here's what means as a sign of BULL THESIS REJECTION

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4) and that's a wrap for this post too

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8:53 PM ET BEARS NOW 6:4 WORKING ON #3-2, BUT DON'T HAVE IT READY:

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10/31 8:54 AM STILL DON'T HAVE A PLAN B, so I this is all I can say now:
1) first replay chart at top, price as been following the "strongest of the bearish outcome"
2) so extrapolating that we get this:

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a) in chart above, the blue is from LAST POST #3
b) I kept that one for "frame of reference and rhythm", but not the blue chart at top
c) of the four dashed support lines, price should break the remaining two LATER today and rebound over the last one before midnight
d) and then comes Wednesday FOMC and gold goes bye bye ...
e) that's the bear 5-day
f) I don't see a strong bull pattern here, but that doesn't mean there isn't one
g) I just have scanned them all so I don't have #3-2 up (bc there's no plan B)

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12:14 AM ET - SO REPLAY CHART AT TOP FIRST
a) I've said many times that "mirror image" is major theme
b) in the first section of the thesis I stated there are times when "I miss but price does the mirror image" '
c) so the darker blue at top was the "most likely" at that time
d) at this point, price has played the mirror image
e) this just doubled the odds of our bear case in chart (right above here)
f) that's obvious now with the spike to 2006 then 1986
g) I'm still working on some moves and will have #3-2 out soon

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END OF THIS POST HERE IS #3-2:

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posting error:

Binary_Forecasting_Service

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NO MORE INCENTIVE #3

by Binary_Forecasting_Service

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