So the reaction insofar means 2650 gets held, and 2662 is next. That also means everything else that is "yellow route". This continues directly from #142.
THIS IS THE ONE, THE ENTRY SHOULD BE 2585. Based on the all trends combined, blue is outright favorite vs field. Before we retrace, we need two more tops. A high tonight, and another high in NY tomorrow at 2648-2656. This will be followed by rug pull to 2600 and rollover to what looks like 2585. Prices should settle down either Friday 9/27 or Monday 9/30. ...
That is the question. And the answer goes like this: a) so trends have lined up to break 2650 since... b) really last Thursday c) and that window lasts until halfway through tomorrow d) to make this fit this window, price has to be on time e) that means yellow all the way up f) if price stalls and gets to 2650 late like blue g) then trend break down get "out of...
In chart above, the most important line to 2850 by 10/08 thesis is the blue trend line. In #139, price broke the orange trend line (not in chart above because it does not matter anymore). This development means that we are now on red line until 2700. It also means that there should be limited 2-way vol until at least 2685. This means that even though 2650 is...
Despite what you've been told, I've finally proven that trend lines are about the only thing that matter. With that said, first stop is 2643-ish over red line. After which, red line should break to check down to 2593 before running to 2744.
So this is the binary at past the blue arc now it has broken. Right now, you're in a 55/45 blue situation. Meaning it can still flip, because while blue should be favored, it can still switch (yesterday for example, even after the 85 retest held). The only way to get it right is 3 (but sometimes 4, 5 even 6 forecasts per day. But the demand is not there for...
ANYTHING OVER BLUE ARC IS A DEAL BREAKER. That said, this is the volume adjustment for ROUTE B. Meaning that, I take route B and adjust for volume with IDC/ICE XAUUSD ticker. I generally don't trust volume for small bars (because 5 XAUUSD tickers show different volume but same price). I really hope this works, bc I intend for it to hit perfect-perfect for...
Yesterday, trend engine could not explain the drop under 2551 w/o instant reversal. This reversal though impressiv, is not instant and is open to rug pull, but why? Bears broke that bold line twice. With no new high, they will try one more time. I think it holds simply because of trend lines. This is where the dotted line passes over the bold line. This...
Based on all updated trends combined, this should be the route to 2747. Bold black line is deal breaker. Price obviously wants this line before FOMC. Daily swing floor is 2562 which is 4 points under bold black line. In my humbled opinion, anything 2563 or less is a really good entry.
Price stalling here causes so many problems for timing of this blast off. If price drops NOW, it's too close to FOMC to reset & reposition in time. This will cause an 18-36 hour delay of the move to 2640..
The rejection looks really bad on 15-second bars. So under 2569, be only the look out for gray route. Daily swing floor is 2560.5, but stick-save sell off CAN REACH 2554. If price takes gray route, the rally up will have to be slower, implying a ceiling closer to 2730 for September. This post is posted for general audiences. That said, I no longer update in...
All the recent extrapolations are converging round red. Here are notes I added in my group: 1) on 9/12 I promised 2640 and 2720 by 10/01 2) those targets are still good and in fact outright favorites 3) I only have 1 question in my mind, and that is 4) what is the September high, is it: a) 2730 b) 2768 (my call, only bc it's in the...
Adjustment to #129. I wouldn't call this a "binary" because at time of posting blue is so far ahead of orange route. In any case we will know very soon.
24 hours from FOMC, and this is what it looks like. There should be one more check down attempting to get o 2552-2555.
This is the adjustment for #127, I'm not done with this but just for the record I'm putting it up.
Binary Forecasting Service's proprietary trend engine is calling this route to September high of 2768 with conviction. However, the first move in the circle is not obvious bc every 3-4 pt drop since 2550 has been bought. Based on all trends combined, the window to drop 32 and check the bold line at 2551 will expire in 10 hours. For the record, I am publishing...
The bullish momentum is too strong. So much so that if bears push to 2510 as reaction to FOMC, price would be be favored to move up +75 to 2585 again Thursday afternoon. If bulls hold 2536 on Wednesday (between red arc and recent up trend, it is really hard to see how the reaction is not over 2600.
It's about to hit 2573-2575 after which we drop to 58-62 and then finish the day with a move to 2590-2605. This post is posted for general audiences. That said, I no longer update in each individual post. If you want continuous updates, find me at the first link below this line.