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The MIT Trading Symposium


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Looks like reversal time

 

projecting +/- .15pts per hour for 10 hours on HOURLY SPY data:

 

my ST chart

image007.gif

 

 

and my IT Attractor

image008.gif

 

For those unfamiliar with my charts, an explanation can be found here. It focuses on daily data but is applicable to hourly by substituting hours for days in the trends, moving averages, lookback periods, slopes, etc

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SPX - 60m

 

Updated 60m chart of the SPX. The time pivot for today at 9:30 is not clear yet whether it is a high or a low... When we apply one hour variance we see that the pivot could have been a high the last hour yesterday or a low, the second hour today... I drew lines to indicate these pivots.. Whether it will be a high or a low, we'll know only after the market takes out one of these pivots

 

spx_60.gif

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