Spydertrader, the SPX chart looks no better. Better put your shorts on straight tomorrow morning. And won't YOU be surprised when you see NQ lead ES? And everyone will want Confabulation on their charts!
Spydertrader also no doubt has failed to remember his Seiki Shimizu. If you will all kindly turn to page 122 (you DO have it on your shelf, DON't you?), you will see in Figure 61 (V) a sakizumari uncannily like the last three candles of the daily SPX. Oh, I forgot. You don't CHART with candles! What does it foretell? Quick! Scramble and see! So far only ONE other person on ET has posted that they have the book.
I have a somewhat upside bias on the indexes. (at least off the open). But as always I have an open mind, anything can happen. Gotta run, need to prepare. Good Night.
umm yeah a couple of helpful suggestions here.... 1. The name of your indicator is a bit simplistic, you might consider the more mathematically oriented confabulator, (Confirming Fabulous Oscillator), which I am confident will be shortened by your new believers to the more appropriate CFO in due course. 2. Your introduction was much to understandable and concise to be taken seriously by our modestly sophisticated ET readers. You will want to employ a more cryptically impenetrable and incongruously flatulent style of prose going forward. 3. I assume this system's win percentage is running in the upper 90's, but it is prudent to establish the traditional "holy grail" expectation in your reader's mind up front. After all, as everyone knows, a genuine guru always has a holy grail. anyways....best of luck with your new endeavor
TrendPro, thank you, Confabulator it is, I chose Confabulation because it is a dictionary word appropriate to the thread, but the masses beg to be confused! I dreamt last night that I checked into a deluxe hotel, but rather than escorting me to the elevator to the Concierge level, they unceremoniously turned me upside down, attached bungee cords to my ankles, and dropped me down an open elevator shaft to the room from hell (real dream).
With profound thanks to Trendpro (but no royalties), the newly rebranded Confabulator (Trademark applied for) has amply proven its worth as a leading indicator today, chart to follow at the close. Remember, if you want "Tomorrow's Bloomberg Today!" (who reads the NEWSPAPER any more?), you know where to find it. Edit: Oh, and thanks to an anonymous jingler, we have our ET Sponsorship motto: "Confabulation! Everyone's talking about it!"
Before I post today's NDX chart, I must not forget to remember to remind my fellow astronomologists not to fail to recall the event of 31 March, and to note its klar einfluss on the chart.