RIGHT NOW # 005
FIRST STOP IS 2432-2440. This is the easy money. Don't miss this. Getting this up first, will add soon.
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1:01 PM, 7/26, 2388.77 1) so by Monday night, price should be at 2432-2440 already
2) and correcting
3) the colored hi-lights are intended to show that no matter what
4) we get up there
5) ANYTHING UNDER 2390 IS STRONG BUY
6) ANYTHING UNDER 2385 IF STRONG AFBUY
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1:22 PM ET, 2385.XX7) I am wrapping loose ends on my errands list, right now
8) for the rest of the day we cannot expect too much
9 and why?
a) first the check down to 2380
b) I warned earlier that under 2380 it go under quick
c) that window is over and done with
d) but that move did break the momentum we needed to get past 2392 in a big way
e) but better with illustration:
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16) I don't even make this black route as an outcome17 ) because EVERYTHING HAS TO GO PERFECTLY for black outcome to happen
18) so black is very very unlikely
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24) so the slowest route that I would forecast would be dark blue above25) see the question marks under the high circle ???
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26) if dark blue happens then I HAVE TO EXPLAIN WHY t would NOT hit that area27) because....
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28) in chart above, I made dark blue lighter and black is the generic outcome29 for over trend maps DAYS AHEAD OF FOMC
30) meaning that the dark blue route resolves in runaway momentum that is
31) very difficult to cap under 2460 24 hours ahead of FOMC
32) so this why all the hi-lights in chart at top fall in the generic zone of black route
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33) in chart above, the curling black lines represent a wave that MUST TWIST 34) where I know it will twist, but do not know when
35) it affects the "look of the move"
36) I am going to use dotted lines to represent the time limit of all the realistic routes
37) and new dark blue adjusted for weak Tokyo session and standard London sell of
38) so then we have:
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39) THIS POST HAS ENDED, CHART ABOVE ISL INK TO #006.
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