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jxyzobrien

08/04/21 7:21 PM

#18711 RE: jmb015 #18710

bollinger bands say
the correction will be a reversion to the mean and return to weekly
bollinger band center line
last year in late august
market must first lose value area
then leave the balance area low
https://schrts.co/wDDmuIgw

jxyzobrien

08/04/21 7:29 PM

#18712 RE: jmb015 #18710

part 2
bollinger, dalton, welles wilder, EW all have to be happy

the market has a poor high to repair es 4417 first

also

market must either have an excess hi or
some really out of the blue event that the market
sells really really hard

80-90% that we die on an excess hi

jxyzobrien

08/06/21 1:12 PM

#18733 RE: jmb015 #18710

first real market dark clouds appeared today
dollar exploded up
https://schrts.co/dEDwYAMF

interest rates explode up so NDX NO LIKE
https://schrts.co/ziABuAhs

the repo markets gapped down hard
https://schrts.co/wdbpaSpI

yet except for ndx
market has held up
just 1 day so lets see if the trends continue