Smartp – Are Markets predictable ordered chaos ?.
by chanakya » Fri May 03, 2013 12:43 pm
Morning folks!
@ chanakya – Fri May 03, 2013 7:24 am
Expectation was for SD into 4-7am zone and worst case -6.75 –
@ chanakya – Fri May 03, 2013 7:24 am
Seems like that is what we got so far
@ chanakya – Fri May 03, 2013 7:24 am
Day should be L to H but today also is an inversion day
@ chanakya – Fri May 03, 2013 7:25 am
There is a good likelihood that NFP sends the ES hurtling up towards 1606-1613.78
This is what the subs got before NFP and in my Thu CLOSE after market comments. I explained inversions and I got a personal note regarding this post admiring the simplicity of my reasoning for inversions. I identified today as an inversion day, in the Thu closing comment I gave a target of 1609. Then this AM, pre-NFP, based on real-time models suggested reaching as high as 1613.78 ESM13.
The person also requested that I show them the inversion point proof in real-time – here it is – utilized this in real -time and bagged almost 70 ES for the week. Not this easy every time though.
Now what – anyone notice we reached the most important FIBO on $SPX = 1.61846 (x 1000) – I alerted subs on Monday that May will at least reach this number.
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