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Strategies & Market Trends : Zman Market Timing

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To: zman69 who wrote (178)10/16/2013 3:48:27 PM
From: Nihontochicken  Read Replies (1) of 15903
 
Not sure, zman, whether you are just making a general statement or instead addressing me in particular. If the latter, note I only posted twice on the humble forum, both on 9/23 and both addressed specifically to you. I've since dropped that forum from my index. I've never posted on the Valence forum, and am about to drop review of that one as well.

So, back to real business, how imminent and steep the coming $SPX drop? My chart indicates that with the standard BBs curving around and starting to contract, onward and upward is currently off the table for the short term, and price will be contained within the converging BBs until they begin to diverge again. So what now, some sideways action with a tight BB pinch, or a quick plunge with a loose pinch (and much tougher to trade)?

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