DJIA gapped up big time in the face of an increasingly looming government shutdown; 60+ points. Err, an upside breakaway gap up...or an exhaustion gap? Such a hypocrite am I to be arguing a fundamental view (government shut down) and a technical/chartist view (gap analysis) of the market that, momentarily, favors my deterministic view. Looks like I'm "talking my book."
And it exceeded the 'ideal'"Circle of Time" circumference - implied price of 25586. I expect I'll have to revise my perception of "lost motion." I'm used to my theories being disproven. Its a component of experimentation...and my fallibility (as to which my wife will bear witness).
Regardless, where does DJIA come to rest at 12:20pm is the larger test of the theory. Here's where DJIA stands at the moment:
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I will update shortly after 12:20pm.
Jim Ross
And it exceeded the 'ideal'"Circle of Time" circumference - implied price of 25586. I expect I'll have to revise my perception of "lost motion." I'm used to my theories being disproven. Its a component of experimentation...and my fallibility (as to which my wife will bear witness).
Regardless, where does DJIA come to rest at 12:20pm is the larger test of the theory. Here's where DJIA stands at the moment:
I will update shortly after 12:20pm.
Jim Ross