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Master Che
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I developed my own trading system, based on magnetism (physics) and velocity vectors...I find the center of the compression, and factor time with volume which determines the outward velocity vector (linear expansion) thereby predicting price and time. I have a market update service I've been in... More
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  • ES: Strange movement 0 comments
    Oct 18, 2011 11:10 AM

    10/17/2011

    11:06EST

    ESZ11:

    Strange movement (not predictable)

    We have a bottom pattern with an up extension

    Pointing Up

    Up Price Target: 1211.75

    Up Extension: 1216.25

    Down Target: 1173.50

    1197.25/50 is pivotal support for the pattern

    we failed to trade above the floating pivot at 1204.00 (60m)

    purple dashed line in the chart

    in order to confirm the bounce/reversal it must trade above the floating pivot.

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