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The estimates are made before open.
Usually there is more confidence in one end and today it was the high end 1741.50 area.
The first end was determined by the short term indicators and the signal was to buy < 1732.50 once you have confirmation of the indicators and at a time somewhere near the open.
Today it was 1730.25 at 8:39
Once in the trade long you are focused to the second end, the high (1740.50 area).
Today the actual high was 1740.25 (which you can see was the average of the tricycle and crossed arcs high estimates.
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Last edited by aquarian1; October 19th, 2013 at 12:00 AM.
the red 1755 is a gann rectangle possible major turn level.
the black 1756.75 is a jury rigged 8.5 pts per week from 1340.25
1752 is the number reduction estimate
Separately (on a new untried system I have 18 Oct 2013 as a possible date for a swing high (which would make today's high 1740.25 the high) .
Good trading to everyone.
Last edited by aquarian1; October 18th, 2013 at 11:49 PM.
