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THE LAST PRS IDEA UPDATE 5: TRACKING THE BREAK OUT IN 6 VIEWS

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THIS IS WHAT I BELIEVE HOLD THE KEY TO PRICE FORECASTING.

Notes so there are 6 of these charts. All of them are the same format. Theory on the left, current price action on the right, and the zoom in at the bottom. Chart above is 1 of 6. I will post all 6, and then repost them every couple of days. After about 2 weeks so, it might be time for a derivative chart.

Here's 2 of 6:
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So, 1 of 6 and 2 of 6 are same ratios but different bar size, 1-day and 2-day. The zoom in charts are 160-min and 320-min respectively. Why does it matter that we get both point of views? Because they can, and usually do show different moves. For this instance though, the matches are exceptional.

Here's 3 of 6:
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And 4 of 6:

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5 of 6. This one is the first one to say something different, it's saying faster by a few days.

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And right above was 6 of 6. This one a bit different too. 12 days on the 2-day, but 6 days on the zoom in.
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That's all for now, will continue update here until a derivative chart is needed.
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Just a personal comment. Like I noted in the comments, I've never been more confident of a forecast. Obviously, his could mean this will ruin me. That said I have a signal using regressed bollingers I may share if I have time. It has never failed, may very well be the first time. I am sure about one thing, we should know what happens in 3-4 weeks for sure.
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NOTE THAT THE ENTIRE BLACK WAVE IS FINALLY ABOVE THE PURPLE BAND.
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Ok, so its Thursday night.

Here are the zoom ins:

1 of 6
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2 of 6

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It looks like the last call for alcohol is going to be late next week.
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Here is 3.1 of 6

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Here is 3.2 of 6. Zoomed in even more. Says last call may have been this morning. 1 or 2 more blue waves and its rocket all the way up.

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Here is 4 of 6.

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Just realized 3.1, 3.2 and 4 posted moments ago was wrong bar size.

Here is 3.1.
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3.2 of 6, last call end of next week or beginning of the week after 9/23-9/29

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4 of 6 implies before next weekend.

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5 of 6:

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If we count the break out at the third regression line of the purple set (in 5 of 6), that means we are at least a week out. But there are increasing odds of a blast off in September.
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So that was of 6 of 6. In summary, no big changes. I am leaning that this moves end of next week as opposed to the following week. In either case, the time to buy has been last few days and coming few days. Unlike the 1979 complete regression fractal, we don't have to "step up a couple of times" bc we have been doing that since 8/7. 30 days earlier vs the last fractal. That means that in that context at least, we are overdue for the bounce. So I wouldn't be surprised if this waits to October NFP, but wouldn't be surprised if it moves next Tuesday.

Another note is despite the complete regression fractal, this is not in the same situation (moves 100% and crash) because we are likely not at the ending of this bull market this winter. So I can't really expect a run to Nov 11th, which is the "comparable date of completion". Because it lines up with the election, I have to believe that means something in this context. What that exactly appears in 2 scenarios:

1) true blow off top after 11/03 2600 run to 2900

2) just really big top but not really blow off around election day, and THAT is the top around 2550 right now.

I prefer scenario 2. In the case that it moves next week, it can top late October.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.