MQP INFINITE REGRESSION #006-12

6 sie 2021

HERE'S #006-2, -3, -10, & -11. THE IMPORTANT ONE IS #006-10. BOTH C & D ARE PRETTY MUCH LOCKED IN RIGHT NOW.

Notes:

1. Hindsight is 20/20, I chose bull bc the machines said too. I am however, responsible for the formula.
2. Obviously there is room for improvement for INFINITE REGRESSION.
3. So? I am going to do a series called INFINITE REGRESSION BINARY, I'll start that after 09/07.
4. It will always offer 2 routes, meant to do this 8 months ago but changed my mind. And here I change it again.
5. Until then, it's back to #006.
6. Because of the breakdown today, C TARGET ON TUESDAY CIRCA 1720 (SEE #006-10) is an 85% FAVORITE.
7. Which in turn makes D an 80% FAVORITE.
8. But if C hits, D is a 90%+ FAVORITE.
9. Short Monday bounce at the open anywhere above 1770, cover Tuesday.

6 sie 2021

Uwaga

10. Simultaneously long Tuesday, hold to Weeek of 8/23-27. This one is MONEY.

6 sie 2021

Uwaga

11. The curves are so "awkwardly bent" but the momentum is not over.
12. Hence there is 1 more leg down. If bears are the real deal, they need to break 1720s.
13. 1720s hold on Tuesday, the reverse up is going to be VERY surprising, but will take twice as long finish.

6 sie 2021

Uwaga

*** The second thought that would've made it easier to be bearish would have been DX volume and GDX positioning. ***

6 sie 2021

Uwaga

BTW... There is no "binary outcome" after break like this. The binary outcome was a 1805-1815 close. With 2 hours to go, we can safely say that's not happening absent major FED or geopolitical news.

6 sie 2021

Uwaga

We are now in a heavily bearish channel that expires TUESDAY Followed by a super strong counter trend for 8 days (6 trading days) that expire THE FOLLOWING WEDNESDAY.

7 sie 2021

Uwaga

Here is #006-12 the next BINARY MOMENT, MOMENT OF TRUTH: