On 10-case geometry and beyond

You've pissed me off sprout. I did not put Jack down, his methods, or even you for that matter. The fact is I learned directly from Jack and Spyder, did my (initial)studies with and through them, made my own determinations as to what if any portion of the teachings/methods would be valid FOR ME (and I was a profitable trader BEFORE that time), and then proceeded down MY PATH... Not Jacks path, Spyders, Heros, or anyone elses, MY path. And I have ALWAYS spoke of Jack and Spyder with respect, good memories, and internal thanks.

Get off your high fucking horse! If origami helps you trade, cool. But it remains to be seen.

BTW... Yes, it would be OB to all bars WITHIN a lat. However, if adjacent to ANY bar, not just XB,XR, that pierces the boundary(s), my description stands. And it may or may not be an OB to any other bars that previously pierced boundary(s) but did not end the lat.

I did state this in my reply to you:
"I understand we can both be looking at the same data and coming up with entirely different conclusions. I respect that. I also respect you and my intention is that my words will reflect that there is more to realize with Jack's work and not anything else that was not intended."

In my replies to you, I've expressed my appreciation and gratitude towards you, multiple times. If there's anything you should be left with in our interaction it is that.
 
Both one and the other may hold true, or be successfully utilized by someone somehow. Merely attempting to convince others is futile CW. Showing them the stream, to experience and act on by themselves, there's a chance of transference. That's a gift, and not to be trampled upon. Please remain open to potential pearls.

 
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Started on monthly chart. Didn't draw the smaller trendlines at top yet, though long-term looks like potential for acceleration (after a nasty pullback in Q3 2015). Shorter-term trendlines may reveal when that may no longer be true.

us_qqq_eom_2017_7_29_a.png


Pretty sloppy work after a shortish vacation, but interesting as background.
 
QQQ EOD chart. Expecting bottom in next bar (15.8) around/above 141-142, next bar after that (16.8) to stop ~144.5 before continued acceleration to upside. However, PA violating RTLs or VE bear-case would invalidate that "just-for-fun" guess. For bullcase to be intact price should establish above 145 / bear RTL within just beyond 5-7 trading days, the faster the better, but also with rising black volume. Notice decreasing red volume since Jun, though unless black volume overtakes soon, may still provide some trouble for longs.

us_qqq_eod_2017_8_15_a.png


Max pain scenario with bull intact (volatility exaggerated due to uncertainty):
us_qqq_eod_2017_8_15_b.png


More black volume and more volatility to upside will signal bullishness (ofc), especially if blasting through 146 on huge volatility and black volume.
 
If volume is increasing AND price is increasing, anticipate ____Continue
If volume is increasing AND price is decreasing, anticipate _____Change
If volume is decreasing AND price is increasing, anticipate ____Change

If volume is decreasing AND price is decreasing, anticipate ____Continue

also, the other way

If price is increasing AND volume is increasing, anticipate ____Continue
If price is increasing AND volume is decreasing, anticipate ____Change
If price is decreasing AND volume is increasing, anticipate ____Change
If price is decreasing AND volume is decreasing, anticipate ____Continue


Re-arranged to a matrix of knows and unknowns to aid inductive reasoning:

View attachment 175352
If volume is increasing AND price is increasing => anticipate Continue
If volume is increasing AND price is decreasing => anticipate Change
If volume is decreasing AND price is increasing => anticipate Continue
If volume is decreasing AND price is decreasing => anticipate Change
If price is increasing AND volume is increasing => anticipate Continue
If price is increasing AND volume is decreasing => anticipate Continue
If price is decreasing AND volume is increasing => anticipate Change
If price is decreasing AND volume is decreasing => anticipate Change

You contradicted yourself.
 
You contradicted yourself.

Yes. They're both wrong I think.

UPDATE: Above scenario is very bullish. A more moderate scenario would be test down to approx. 139 and rebound there, though that would start challenging the lower green RTL (much less bullish = sideways+up), though would from recent 3 bars expect support to hold at 141.
 
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Nice chart! 2 year chart period provides a better perspective it seems.

@stepan7 : Do your price/volume bar-colors help you interpret the chart?

Been busy developing on new system. Seems markets are stuck in sideways development, which can still be bullish and reserves some energy for more momentum upwards. However, latest bear trend is also developing, so more correction shouldn't be surprising either.. It does seem to peter out lately though, using time.

Very simple current situation. Negative volume petering out, but waiting for new black volume to resume. MACD shows new potential too, but still not broken out:

1.png
 
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