3309 Drysdale Ct
Edwardsville, IL 62025
here's an interesting chart I have in Multicharts. It was
giving to me by a friend from Germany who recently completed a huge
database of historical market data where he took daily and hourly
data going back many years into the past. The then projects a
projected price movement on the chart (which is in yellow) of what
direction price should theoretically go based on the past.
The current SPX price is at the top in green. I've been
following it for about a week now for fun, WAY WAY to early for me
to say much more than that, though it's been pretty accurate so
far. Last week for example it was projecting a price low on
Thursday morning at 7:30 and a big rally into late Friday morning,
which totally panned out.
This week it projected a high this morning at 10:30, which has
panned out so far, and projects weakness into 11:30 tomorrow, and
then rally from there into Wed. Again the Yellow Line 2nd
(second down from the top) is the projection line based off
historical data. The top line is the actual ES price data
if it continues to track well I'll start posting it regularly,
for now just posting for fun
matt this will b interesting? - in fact looking a bit tooooo
frightening right now
there were TA reasons as well that little higher low right after
Seems to be working until now?
lets see if i get to buy something tues at 1130
That's REALLY interesting ...
yeah I'll keep an eye on it over time, today it had a low
projection at 11:30, which was pretty spot on, and has a push into
tomorrow late day. We'll see..
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!