So all those stats you mention should be taken with a grain of salt, don't ya think? Anyway, what's in store for tomorrow? Gimme some numbers.
Of course. I will generally speak up when my model produces some high probability (> 75 %) outcomes, though. I’m not at my trading computer now, so I don’t have access to my crystal ball. Back to the original post you quoted… On hindsight charts everything is perfectly clear as lines/signals/patterns are curve fitted to perfection – ignoring all the failed signals and messy price behavior in between. Even if the past behaved perfectly similar to the future one would still have to trade on it with money at risk. And that’s vastly different from back-testing/back-checking/annotating yesterday. Of course, it’s the best possible starting point, IMHO. I’m just pointing out that there’s a big difference between making sense of the past and trading profitably in the future.
Looks to me that a key today will be to close above 4333 cash. If we can do that, the bull flag and potential breakout from that will be more plausible.
we're at 4325 cash... If it can get above 4336 in the next 15 minutes, take it long for a strong run into the close.
Waiting for NQ to break yesterday's LOD to see if that could trigger some buying into the close. Stat model gives mixed signals, i.e., we could both see a sell lower and a reversal back to mid range by the Close.
Triggered a bounce, but no fireworks yet... Looks like continuation lower, but not shorting this so late in the session. Maybe a long if NQ snaps back in range and ES back above 50.