THIS IS TO CALL TIME AND TARGET 1) had to wait to 62 high 2) still need a bump in between 3) to get the "look of it" right 4) working on it now
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11:26, still waiting on a bump for a lower high. 1) said last draft it should be 55 and I still think so 2) but the should be lower than 58
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11:37, route calling is "a painstaking continuously" process where the hi-lights must reflect all the new data INCLUDING DATA that is contradictory to "the call". 3) calling 100 pt drop in 26.5 hours is one thing 4) creating hi-lights for the entire duration of that move 5) that's right up there with magic 6) BECAUSE YOU ARE NOT SUPPOSED TO BE ABLE TO DO IT 7) if you think this is easy 8) you are out of your damn mind
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12:12 PM, it's stalling but implying a drop of 30 from 2445 and an NY close of 2415 right now.
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12:38 PM ET, 2448.15, looks like we are going to get that bump for speed limit.
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12:50, BY THE WAY 1) this is about how fast we get 100 pt move down 2) the trend setup is ABOUT WHEN 3) averages STILL SHOW 2303 ON MONDAY 08/05
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4) I am thinking that bump to 2449 just now was all the bump
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1:38 PM ET, so 2436.41, so my call... 1) is for 12:30 PM ET FRIDAY 2362, 26.5 HOURS 2) but the TREND ENGINE's call is 3 AM ET, or 15 hours
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2:07 PM, 39.57, so stop should be 47.5
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1) in chart above 2) that's the binary 3) you know what binary means? 4) two outcomes 5) I've said this before, but price is A CONTINUOUSLY BINARY OUTCOME
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6) so if this breaks here.. 7) then you get a small bounce and more sideways until 8) the hard drop later:
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9) but I am OVER ESTIMATING THE BOUNCE to be safe 10) it may be just a small 4 point swing
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11) here's the part that's difficult:
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a) at the break of that line is 37.5 b) minimum vol is 4 pts, so 41.5 c) the question is how big of a bounce before this dies...?
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d) I wanted this move to come earlier at 55 e) bc it would made the tail end less complicated f) now we get a weaker bounce from 37.5 break g) but the shape is NOT KNOWABLE h) we just HAVE TO WAIT
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i) 3:31 so I am waiting for reentry j) bc I don't know where this bounce ends k) just going to wait it out
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3:54 PM, if it bounces any more, should be under 46.5
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4) continuing with chart above 5) I am going to mow my lawn 6) AND THAT'S YOUR STOP 2445.80 7) if it dr0ps under 2440 here, THEN THE BOLD LINE IS YOUR STOP
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8) the issue here is my time 9) I can't sit here and watch for the drop 10) so if this hits 2445.8 11) and knocks me out 12) YOU have to watch for a drop to short ... 13) F it, it's just too close, I'll wait another hour....
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14) 7:43 PM, there, re-entry 2445.48, stop 2446.5' 15) yes, the stops have to be this tight 16) why? 17) bc I am not watching for the next 60-90 minutes
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7:59, f it, I bumped it to 48
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18) I'm not going to stop every 10 minutes to look at my phone 19) see you in 90 minutes
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24) my personal view is that the 100-day rhythm should rhyme 25) the last I made the call, was also Thursday night into NFP 26) and the 100 point marker came at 2286 BEFORE END OF FRIDAY
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5) and I just covered at 36
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6) bought Monday 2435 puts
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10:19 PM, entry 54.50.
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10:50, top on this entry is 53.00.
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10:52 PM ET, There's going to be one more top.
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10:53, I am actually going back in immediately if this drops down.
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11:05 I have a bid for 2464 in case it hits.
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11:07, short 54.60.
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11:14, stopped 58, still open for 64
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11:21, in again 57.67. CANCELLED BID FOR 64. a) mapping b) will post notes
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12:15, CLOSE 56.00
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1) but keeping Monday puts bc free roll 2) this sideways move is taking too long 3) this changes 2 things a) we still don't have a reliable second high marker b) which means odds of another high is obvious c) but more importantly d) I have strange signal in silver
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e) so the sideways move at the top f) has to produce 2 continuous tops, one high, one a bit lower g) that's close enough to complete this setup h) and we still don't have that i) this is raising the 2410 floor to 2420 j) which changes the timing of the entire 100 pt drop k) pushing 2350s into MOnday
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12:57, running out of time for 61+ high.
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1:23 AM, 2457.93, THAT'S GOOD ENOUGH FOR ME, SHORT AGAIN 57.64.
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7) continuing in chart above a) this is NOT READY b) but I got to sleep c) and I don't see 67 getting hit d) it needs to one more big zig-zag e) to be a a strong short f) so if you are up wait it out g) if you are not up, set a timer for 6-7 hours out
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I'm going back to bed.
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I have to sleep.
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Of course I re-positioned already.
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1) Since high was 2478, small chance we hit 100 before end of day 2) That would be 2377.xx. 3) From 77 to 11 was already 66 points, so its not impossible.
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1:21 PM, 2427.40, my target is Monday morning at 2355. 1) there are lower targets 2) but we do this one first 3) and then we regroup 4) because how high we got 5) the swing back up can come early
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THIS POST HAS ENDED WILL POST NEXT ONE IN GROUP
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12:35 AM ET, Sunday 8/4, this one is just a GENERIC CHART a) I am not doing "continuous updates" for this post b) but if you seriously want them c) I can cut costs by 76-81 % if enough people agree d) and post/chart above will show how
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