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Strategies & Market Trends : General market lab and commentary -- Ignore unavailable to you. Want to Upgrade?

To: Robohogs who wrote (426)	5/22/2016 10:31:13 AM
From: Robohogs	Respond to of 668

One last messing with data. Widening range on doji body to 15% of total range has weird interesting results. Basically it introduces several nested situations where the pattern is repeating in cross proximity to itself, including this time. 4 out of 5x, this resolved positively. And the returns in these situations are much higher/lower than other similar occurrences. This thing looks likely to blow one way or another. If one believes the bear flag (which is long in the tooth and loosing efficacy, though about same length as in Q4 2015, look out below but please note the flag target price is usually only about half of what one thinks it should be according to the pattern almanac and this target reduces more as flags widen too much - 15 bars is usual maximum and we are about that now). John Carter's squeeze is going to fire within a few weeks and I do believe it will go whichever way this thing moves over the next few weeks unless barely down or flat, in which case it will fire long. This is it guys. Confidence is high.