That's a long ways to 2575, Just a crazy thought -- might the
SPX act like the IWM and go vertical -- that would be just a
little less than the distance from the bottom of the
consolidation on 8/21 at 2417 to the top of the consolidation --
kind of an inverse H&S, -- sorry I can post a chart right now
-- to the breakout of the highs around 2489. With the kind of
momentum that's going on right now maybe the big surprise might be
that we go from very overbought to very, very, very
overbought...
anyway now you see why I developed that breakout trade type for
the systems - to catch low volatility conditions, and it's catching
it nicely, both the ES and SPY systems
Next Pivot from Tony Caldaro is 2575
Posted by puma on 2nd of Oct 2017 at 10:10 pm
That's a long ways to 2575, Just a crazy thought -- might the SPX act like the IWM and go vertical -- that would be just a little less than the distance from the bottom of the consolidation on 8/21 at 2417 to the top of the consolidation -- kind of an inverse H&S, -- sorry I can post a chart right now -- to the breakout of the highs around 2489. With the kind of momentum that's going on right now maybe the big surprise might be that we go from very overbought to very, very, very overbought...
anything's possible anyway now you see
Posted by matt on 2nd of Oct 2017 at 10:21 pm
anything's possible
anyway now you see why I developed that breakout trade type for the systems - to catch low volatility conditions, and it's catching it nicely, both the ES and SPY systems
in your video you mentioned
Posted by charlie8 on 3rd of Oct 2017 at 10:31 am
in your video you mentioned yourself and a few trades use the ES system....is there a way we can get access to this system?
Yep, it's a very good
Posted by puma on 2nd of Oct 2017 at 10:47 pm
Yep, it's a very good thing that you developed the breakout system