ES Journal - 2013

Quote from mastacoli71:

I must have not gotten the memo "markets always rally regardless of technicals, etc."
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I'm saying there are two open unfilled 4pm gaps in-a-row BELOW....


The day before a Fed announcement.


What are the odds?
 
Quote from tortoise:

I'm saying there are two open unfilled 4pm gaps in-a-row BELOW....


The day before a Fed announcement.


What are the odds?
More...

The odds are probably the same as the market breaking 1600 before it breaks 1700. Close to zero.
 
good morning, shorts. diamond pattern on the overnight measuring down below yesterday's open...


(a bullish break from such a diamond is among the lowest probability outcomes in the price pattern universe...)
 
Quote from tortoise:

good morning, shorts. diamond pattern on the overnight measuring down to yesterday's open...


(a bullish break from such a diamond is among the lowest probability outcomes in the price pattern universe...)
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thanks for the insight. should be a wild ride today!
 
Quote from tortoise:

good morning, shorts. diamond pattern on the overnight measuring down below yesterday's open...


(a bullish break from such a diamond is among the lowest probability outcomes in the price pattern universe...)
More...

FEDSPEAK trumps all technical and fundamental patterns and historical data. Hence the reason we have NO 100%-accurate patterns.

But I agree with your analysis.

Edit: No offense tort, I know you know this. Just adding.
 
Quote from Trvlwanderer:

FEDSPEAK trumps all technical and fundamental patterns and historical data. Hence the reason we have NO 100%-accurate patterns.

But I agree with your analysis.

Edit: No offense tort, I know you know this. Just adding.
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no worries! we're all inmates in the same asylum...
 
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