13:00 PST Market Closed
In review my call for a bearish bias was wrong. I'm afraid I'm jumping the gun and will have to wait until one hour after the market opens to determine the trends bias.
The charts below are of the /ES and the SPX and show my expected daily limits and the extended daily limits. I hope I have not driven anyone off because the DDF has a 75% accuracy of calling the bias. With a little more time to collect data I'm confident I can provide this same level of accuracy.
I'd also like to leave you with this Andews Pitchfork chart.
Currentl y at 1142.75, today's trend is biased toward the bearish side. Anticipated range for the /ES is 1138.25 to 1143.76 today
Should this expected daily range be exceeded on the /ES the range would expand to 1133.5 - 1149.5
The expected weekly limits remain between 1122 and 1160
Analysis presented on this Blog has only informational, and educational purpose, and does not represent a proposal for buying or selling currency contracts.