Quote from thorn:
thorn is king! this prediction began w a 1% chance of success
1 month later, it has reaped a bonanza of ca$h and the probability is now 10%.
great work thorn! anyone else want to chime in?
eMini S&P will now challenge 1439.25, if breach then challenge 1443.00, if that target is breached then challenge 1444.50 & 1445.00.
The top here is critical and the trading range has diminished to 1444.50 Resistance and 1412.25 Support. Still a Bull Intraday but that will start to collapse if we don't take out those tops.
This current 17.75 point pull back is "just another day".
Between 01/15 to 01/10 - 17.75 pullback (Current)
Between 01/03 to 01/10 - 17.75 pullback
Between 12/15 to 12/22 - 27.75 pullback
Between 11/30 to 12/01 - 20.75 pullback
Between 11/22 to 11/28 - 32.75 pullback
Between 11/09 to 11/10 - 14.50 pullback
Between 10/23 to 11/03 - 32.50 pullback
Between 09/29 to 10/03 - 14.50 pullback
Between 09/21 to 09/22 - 19.00 pullback
Between 09/15 to 09/19 - 14.00 pullback
Between 09/14 to 09/06 - 16.50 pullback
Between 08/04 to 08/10 - 35.25 pullback
Between 07/20 to 07/21 - 25.50 pullback
Between 07/07 to 07/18 - 59.00 pullback
Between 06/21 to 06/28 - 22.00 pullback
Between 06/15 to 06/19 - 23.50 pullback
Between 06/02 to 06/14 - 65.00 pullback
These are all of the pullbacks since the beginning of June. The market MUST pull back so it can go higher. How can a Bull Trend continue without making oscillation HL's. It's elementary. Each of these pullbacks created an oscillation HL and was just another reason to Buy, challenging the previous oscillation HH Resistance level.
The Sky Is Falling . . . The Sky is Falling.