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Lots of discussion about ticks yesterday.WEEKS ago, i pointed out a relationship that has ocurred with incredible accuracy over the last 5 years. Anytime the closing ticks on the nyse is above 800 a significant decline ensues within two trading days.last time , i noticed this i posted it i think aug. 15.Two days later we hit 1303.50 on the e- mini and slammed down about 40 points.Yesterday i noticed plus 853 near the close!I wish some one could backtest this as i have no capacity to do so. The accuracy seems incredible, but more study is needed to be sure.Im not even sure what we closed at on the ticks , but if it was above 800, look out below!
best fill so far is 21.25......still trying for that 24 though..that will be the plus 8....area off open
Originally posted by BruceM

that 1224 will need to get "cleaned up" I'm going small at 1215.50

then, if i under stand correctly, 1225.75 or 1209.75 might be your next turning points?( plus or minus 8)
Long ES @ 1219...hoping for an IB breakout to the upside.
these are areas to fade or target.....especially in first 90 minutes
Originally posted by koolblue

then, if i under stand correctly, 1225.75 or 1209.75 might be your next turning points?( plus or minus 8)

long 1218.00, i think youll get it
Yep, very nice numbers to work with. Thanks Bruce. 2.5, 4, 5.5, 8, and sometimes 12. But IMHO i think that 5.5 and 8 are the best.

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Here on the lows we had an oversold tick AVG with high neg tick readings. I entered @ 1219 but thats was a poor entry it would have been possible to enter @ 1218 easily. I'll exit 1/2 on the IB breakout thrust...
out 1222.75,4.75 handles... up 13 for the day(and smiling).Thanks for clarifing my question , Bruce.
Exit 1/2 @ 25 (+6) SL on Remainder @ 20, target on rest 30
selling 1229.50
By the way, Joe, theres going to another gap to be filled come Mon. lol!...stay tuned!
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