MQP PRESENTS - ITS VERY CONFUSING RIGHT NOW
HEADER - These two outcomes dominate the picture now.
SUMMARY - The front end of the curves say bear route to June. The back end still say bull outcome. If you ask me from overall trend (for last 100 years), it is still a very bullish picture. If we consider the ONLY THE LAST 10 YEARS, it is starting to favor bear outcome. Which is 1450 by June 20.
DETAILS - So I am posting from my phone again. Continuation of last week's bear trend now favors 1760 before spiking hard to 1975 again. That said, it's an extremely annoying zone to commit to anything. I left in the orange route from last post to compare contrast going forward. With all that said, the view from 45-min bars say a spike to the red box is favored today and tomorrow to 1857 and falling as more time passes. Meaning 1857 today, but 1852 tomorrow, 1846 if Wednesday and so on...
SUMMARY - The front end of the curves say bear route to June. The back end still say bull outcome. If you ask me from overall trend (for last 100 years), it is still a very bullish picture. If we consider the ONLY THE LAST 10 YEARS, it is starting to favor bear outcome. Which is 1450 by June 20.
DETAILS - So I am posting from my phone again. Continuation of last week's bear trend now favors 1760 before spiking hard to 1975 again. That said, it's an extremely annoying zone to commit to anything. I left in the orange route from last post to compare contrast going forward. With all that said, the view from 45-min bars say a spike to the red box is favored today and tomorrow to 1857 and falling as more time passes. Meaning 1857 today, but 1852 tomorrow, 1846 if Wednesday and so on...
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