$SPX - Chart Link- the symmetry break now gives
high odds at the next rallying forming a lower high such as a wave
B, then once that lower high is in, down again in wave C
Posted by DigiNomad on 3rd of Jan 2024 at 11:21 am
Symmetry break - I wonder what the odds actually are of a lower
higher for given conditions (magnitude of break, slope of
trend, etc)? Last time we had a symmetry break, the SPX was
making new highs within two days. Anyway, just another
question I'll tee up to ask an AI when we get one that is trained
on equity price data. My guess is that some companies have
already spent the big bucks to train their own AI on historical
price data...but I can also see why they wouldn't release it to the
public until it becomes less of an advantage.
we'll just have to see, yes it wasn't a big symmetry break and
SPX didn't take out the 4700 level, so we'll see what the market
does. follow your triggers and strategy as usual
SPX and symmetry
Posted by matt on 3rd of Jan 2024 at 09:39 am
$SPX - Chart Link- 80 points off the h9ighs would be 4713, below that is a symmetry break of the uptrend
Update: SPX and symmetry
Posted by matt on 3rd of Jan 2024 at 10:06 am
$SPX - Chart Link- wow got within 1 point of symmetry 4713 vs 4714 before bouncing
Update: Update: SPX and symmetry
Posted by matt on 3rd of Jan 2024 at 10:48 am
$SPX - Chart Link- the symmetry break now gives high odds at the next rallying forming a lower high such as a wave B, then once that lower high is in, down again in wave C
Symmetry break - I wonder
Posted by DigiNomad on 3rd of Jan 2024 at 11:21 am
Symmetry break - I wonder what the odds actually are of a lower higher for given conditions (magnitude of break, slope of trend, etc)? Last time we had a symmetry break, the SPX was making new highs within two days. Anyway, just another question I'll tee up to ask an AI when we get one that is trained on equity price data. My guess is that some companies have already spent the big bucks to train their own AI on historical price data...but I can also see why they wouldn't release it to the public until it becomes less of an advantage.
we'll just have to see,
Posted by matt on 3rd of Jan 2024 at 11:22 am
we'll just have to see, yes it wasn't a big symmetry break and SPX didn't take out the 4700 level, so we'll see what the market does. follow your triggers and strategy as usual
Now we're flirting with a
Posted by timebandit on 3rd of Jan 2024 at 10:20 am
Now we're flirting with a symmetry break. Borderline so far, but if it goes much further down could let loose. Volume breadth is still 5:1 negative
ha ha now it's breaking
Posted by matt on 3rd of Jan 2024 at 10:12 am
ha ha now it's breaking