We're not even 2 hours into RTH but I have to make this post on the movement we've already had today. When the 8:36AM (Chicago time) candle failed to reach the 1398 Prediction Point, and then peaking out at the 1403.50 REDLINE; this was an all too familiar indication that the ISM PMI would come in like it did. On the dot at the 9:00AM announcement, the 1402.00 Prediction Point gave perfect entry f...
Prediction Point at 1395.75 ended up being the low of the day, TTT (To The Tic!!). This was also our checkpoint line through the congestion area from 1399.50 to 1397.25 and ran for 10.25 points. Not enough steam to hit 1408.25, but this is expected to happen with such choppy volume.
How about the high of the overnight session breaking the 1412.00 Prediction Point by 1 tic and the low of the RTH hitting the REDLINE at 1392.00 TTT (To The Tic)!! ALL Prediction Point subscribers KNEW we would have this type of movement today before the market even began to develop by utilizing a simple forecasting technique explained in the members area. They also had key price areas to target m...
The Prediction Points at 1414.25 and 1410.25 held the range of the RTH session for the first 6 hours of trading. To learn more about Prediction Points and how they might work for you, go here to watch a short introduction http://www.screencast.com/t/T1xVCCxCno
If you weren't able to attend todays webinar to learn more about Prediction Points, go here http://www.screencast.com/t/T1xVCCxCno to view a recording.
Today only at 3:30PM Chicago time I will be holding a webinar where you can learn about Prediction Points and ask questions directly to me. Register at this URL http://www.hotcomm.com/virmeetCID_ARR.asp?CID=QUUMEE&MID=MHHT5Z
The longer the launch pad, the greater the launch. The Prediction Point at 1403.00 held for 2 full hours before launching to the next REDLINE for a total of 12.25 points.
Opening bell short at the 1289.00 Prediction Point TTT (To The Tic) ran for 8.5 pts. By mid morning the market chose it's direction and the 1386.75 and 1389.00 Prediction Points became launching pads for the rally coming 1 tic shy of the 1394.75 Prediction Point becoming the RTH high. Which, by the way was the MONEY line for the ON session for the drop.
New webinar scheduled for Tuesday March 27, 2012 at 3:30PM Chicago time. Watch and listen as the creator of Prediction Points shares his insight into these price levels that have held their ground in the market every day for the last 5 years. Click here to register for this event or cut and paste the following URL into your browser http://www.hotcomm.com/virmeetCID_ARR.asp?CID=QUUMEE&MID=MHHT5Z.
The Prediction Point at 1388.00 held it's own for a majority of the RTH. Two major dips for a total of 11 points. Prediction Point subscribers KNEW prior to todays market development that we would have this kind of movement today by using a simple forecasting technique explained in the members area.