Seeking Alpha

Master Che's  Instablog

Master Che
65 Followers
0 Following
Send Message
I developed my own trading system, based on magnetism (physics) and velocity vectors...I find the center of the compression, and factor time with volume which determines the outward velocity vector (linear expansion) thereby predicting price and time. I have a market update service and I manage... More
  • S&P Mini (ESH12)

    5/17/12

    10:27EST

    ESH12:

    As previously updated (numerous times)

    From 5/1/12

    8:30EST

    ESH12:

    Up to 1411.00; at 1411.00/25 expect an immediate pullback, 1411.00 is a potential top (down to 1312.25/50) the immediate move is down to 1346.00/50 non-stop meaning a direct move without any bounces.

    NOW

    5/17/12

    10:27EST

    1312.25 is a key OAV; although due to the fact its origin is from 10/27/11 connected to 4/5/12; 2 similar patterns (77 point patterns) I had only been expecting it to stretch (intra-day - meaning going through it but closing above it.) Bouncing exactly off of this OAV is potentially awesome (for the upside) although due to the time frames involved this prediction is extremely premature, like picking a baby name before conception.

    Never the less up to 1336.00; although this could easily expand; I will say this bouncing exactly off of a key long term OAV makes it quite simply, unless or until 1312.25/50 is taken out, the play is the long side…

    We're still in one down extension (1306.75) reaching 1359.50 cancels the down extension; but beforehand we have something quite a bit more immediate and important

    Last Friday's close and the Sunday night session created a CD at 1349.50; this pattern occurred on the 480m chart, which due to the time frame is preciously important; none the less 1349.50 is the attraction target for any and all bounces. In the event we close this CD it means up to 1385/1387 minimum. Due to the recent one way street (down) IMO we could easily close this CD due to short covering; I'll expand on this possibility later with potential pre confirmations.

    Several months ago on the previous contract the 1312ish level was the make or break level.

    May 17 10:37 AM | Link | Comment!
  • Gold: Mid Day Update

    12:45EST

    Gold:

    Looks like a now term (intra-day) bottom

    It should be up to 1726.60 (expect a mild pullback at this level.

    1721.60/80 is the pivot support

    It MUST get through 1728.60 to confirm a bottom

    If so immediately up to 1755/1757

    At one point in time (soon) gold will follow the crude and not the equities

    Feb 17 12:45 PM | Link | Comment!
  • Crude: Mid Day Update

    2/17/12

    12:22EST

    Crude:

    Trying to begin the 2nd movement up

    Which reaches 104.72/80; but it could easily go parabolic straight up to 105.46;

    Once upon 103.74

    Feb 17 12:23 PM | Link | Comment!
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments

  • mun2000 on Gold: thanks master che.Bought today UGLD .Also think...
  • Master Che on UNG: 2/2/12UNG: I wasn’t aware of the new 1 for 4 re...
  • jumpytrader on UNG: > A daily close at or below 5.09 is bearish ...
  • JCH57 on BAC Ok - you were dead on accurate on these levels....
  • Master Che on BAC at 7.33/7.34 it should begin the move back down

Most Commented
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.