RIGHT NOW #049

19 août 2024

After 2477, it should be 2430s before 2PM in NY Monday afternoon. But exactly what will it look like? Will add notes soon

19 août 2024

Note

1:31 AM 2501.10, Gold Gain Support thinks gold will be down.
a) I agree to 2477, but 2530s would get hit after 7-8 hours from that low
b) there's only two scenarios for this setup
c) my call is orange route which is yellow with added zigzag
d) that means I think blue line does not break
f) until NY day session
g) if blue line breaks and 2500 holds to NY
h) then this a blow off top setup, where first targets would be 2445-2450
i) that in it self is not a "blow off" so higher targets would be considered
j) but I just don't see price breaking that bold blue line
k) and I see check-down, however the floor is rising slowly
l) previously I saw 77-79, now I see 78-81

19 août 2024

Note

m) IN EITHER SCENARIO there should be a 54 pt move in an 8 hour window
n) this 8 hour window will fit inside 5 AM to 3 PM

19 août 2024

Note

1:51 AM, it's really hard to do blue route....
1) ceiling is 2556
2) and it WOULD NOT GO PAST THAT
3 but all we have to do is WATCH THE BLUE LINE
4) it's orange or blue and orange is favored heavily
5) UNTIL BLUE LINE BREAKS AND 2500 HOLDS TO 7 AM
6) then that's obvious blow off setup

19 août 2024

Note

7) I posted blue route mainly because I commit to
8) ALWAYS MAPPING 2 ROUTES BEFORE I SLEEP
9) so there it is
10) but if you replay #047 here, there's no reason to think that it will be blue:

19 août 2024

Note

2:09 AM WARNING, BLUE LINE BROKE --- OK 2550 it is...