MQP INFINITE REGRESSION 4-E CALL OF THE YEAR FINAL CHEAT SHEET

SUMMARY - Simplified trading plan. Due diligence for Call of the Year.

BACKGROUND - 4-A, -B, -C, & -D. Links below.

DETAILS - This is a giant move, quick too. So the main thing is to not get cute. Short 1, 2, & 3 and please don't follow the 6-steps in 4-D. I decided this after careful consideration of the r/r . The boxes in the "3" area have been eliminated because I CANNOT GAUGE THE FLOOR ON SEPTEMBER 1ST. What do I know?

a. Monday 8/30 probably won't hit 1670
b. Tuesday 8/31 probably will break 1670, but NOT BY MUCH
c. the first two points are pretty much sealed
d. so the odds of 1660 holding on 9/1 has to be low, because the selling pressure for WED 9/1 is UNREAL
e. next up is 1640 this makes the most sense if you want to find a support level BUT,
f. two weeks ago I said 1710 made the most sense but stick-save floor is definitely lower (see #006-14, link below)
g. stick save floor for 9/16 is 1610
h. where it hits on 9/1 DECIDES THE CURVE OF ZONE 3 ABOVE
i. that's it, good luck

Komentar:

FWIW - I cannot say enough about the r/r for trade 2. This is the dream trade that comes but 1 maybe twice a year. Honestly, the whole reason I began "infinite regression" is to be able to nail moves like this. Good luck with this one.