$SQ - Model Eyes 17.21 | #square
Friends,
A prop geometry is completing at the 12.65 handle, whereas the Predictive/Forecasting Model eyes a probable low at 12.43 - Look for a reversal to the UP-side if and once price reverses with bullish initial quantitative target at 17.21 and secondary target at 17.68.
Best,
David Alcindor, CMT Affiliate
Alias: 4xForecaster in Twitter/Linked-In
A prop geometry is completing at the 12.65 handle, whereas the Predictive/Forecasting Model eyes a probable low at 12.43 - Look for a reversal to the UP-side if and once price reverses with bullish initial quantitative target at 17.21 and secondary target at 17.68.
Best,
David Alcindor, CMT Affiliate
Alias: 4xForecaster in Twitter/Linked-In
Nota
05 MAY 2016 - Chart Update / Tech-Note:For those interested in a possible GEO development, here is a skeletal development:
David
Nota
05 MAY 2016 - Chart Update / Tech-Note:After-hour market values suggest a lower low - As the geometry unfolds, consider 11.10 as a resonable support:
David Alcindor
Nota
07 JUL 2016 - Chart Update / Tech-Note:Price remains bound to bearish TG-1, which is the first target in the sequence, but the only bearish one defined by the Predictive/Forecasting Model:
Overall, bullish targets remain intact and in force - A refinement of the bullish target might occur, but none have been redefined at this point.
Thank you for following this one.
Best,
David Alcindor, CMT Affiliate
Penafian
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.