Im testing some new data which we will see if it helps daily projections
today's open spurt HIGH might not hold all day, but I dont think it will turn into heavy selling.
Employment report-- What nonsense, however, those reports do correspond to market action as the WAVE progresses.
The energy pattern I have looked at shows a SPIKE up and then moderating during the day
Similar pattern for Monday and then some selling on Tuesday and Wed
Yesterday's 126 bar hit was exact at 1:30pm. Today has 204 bars at 1:30pm.
Its amazing that what I would call a normal rythm of 259 bars turns into 126, and 204= 329 during times of market stress, similar to an irregular heartbeat.
SO, maybe it will become easier to spot potential stressful time zones once a 126 bar cycle first hits
This is just a thought right now, but if any of you have another idea, let me know.
Best wishes
Jay
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