Crude Oil is anything but flat with the sharp decline occurring immediately...This chart could be inverted with the low and reversal at 2100....
Crude Oil 30Min 3x3 for 12/21/2020...Overall looks kind of flat: [ATTACH]
Here is one of my favorite markets to position trade...Coffee! I scaled the chart to get hopefully a better view of the data points. [ATTACH]
Monday 12/21/2020 ES 30Min 3x3 Chart Forecast [ATTACH]
I go back and forth on placing the polynomial and regression slope with the data. As you know it's just a "fit", but there times that it is...
Gold Daily for the next 3 months...Next weekend after the Christmas Holiday I will begin doing the weekly forecast for the entire year (2021)...
Here is what the 3x3 forecast on the ES Daily would have looked like if was done at the end of September. Keep in mind the 3x3 is displaced by 3...
Two components were removed to do the 3X3 forecast and it made remarkable improvements. So any of the previous charts before the 3X3 forecast can...
Here is the forecast that was generated going back to the 1st week of 2020: [ATTACH]
The Actual 3X3 Forecast with the Polynomial mirrored the actual Price Chart for the entire day! While many were wrapping up their day thinking...
Actual 3x3 Forecast With Polynomial for 12/18/2020: [ATTACH]
Here is the actual forecast and 3x3 Polynomial...Notice how the changes in the direction of the polynomial were very close to the change in...
Here is the chart for Friday 12/18/2020...Looks like a potential trade happening right now [ATTACH]
The market is too indecisive today to take on any more trades.
Okay they shook everyone out to take it back up...I felt like it was worth buying again since the market went back above the 5Min and 30Min 3x3....
Here is the result of the boring long...and a new short entry at 3610.50...The reason why for the short is because they could not go and take out...
Stop @3610.75
Since this market today has struggled to gain much momentum in either direction I would place a break even stop at 3709.25 to cover any costs....
Waited patiently...Now this could be good until the close...At this point your stop is at 3606.50. Minimum 10 point target [ATTACH]
Interesting how this was played, but not out of the ordinary. Rallied it up (on the Noon 5Min bar) to the 30Min 3x3 then sold it. Can it still go...
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