Hey little sister.

It’s a nice day for a white rabbit, as you better be racist when it comes to garden pets.

Grand master in a flash

I went from can’t do no wrong in the first half of March to can’t get a single thing right

Here’s what I was missing the last time: the white stripe.

Not happily, but a 4th filter was enrolled. I’d like to keep these to a minimum, and hopefully 4 would do it.

Adding insult to injury>

 (ExtMapBuffer[i]<34 && ExtMapBuffer[i+1]>34 && ExtMapBuffer[i]<StdDevLoBuffer[i] && StdDevLoBuffer[i]<38)

The very same way another white marker is missing again. Knowing that the 480 SMA is the divider between the discount and the premium and knowing that within 20 pips I paint the line red, the bottom line is that the high would have to be above 1.0930 (as the SMA is at 1.0909).

The reason that I think that we may just get a liquidity grab of the dirt box below and 5 legs down soon after, is that on the upside this seemed to be a theme. A Wave 2 suspect has the measuring strength, a Wave 4 suspect prints a continuation divergence, then price starts a Wave 5, turns back and collects all the stops beyond the Wave 2 and then proceeds.

So what is the white rabbit? A multiplier.

Adding to the logic of double premium / discount, now there is the marker that can make it a triple.

There is still the question about the 1.0975 box.

In general, I am looking for an 8-sample higher high / lower low for a CAP print.

This market may just be losing the embedding after tonight’s open. Usually that would make a having to visit the 20 DMA a must, but that would just match the previous day’s low. I think the minimum next stop would be the E-44, around 1.0760. A move above 1.0975 would guarantee a momentum reversal with a 27+ pips close lower on the day.

The picture below shows how the 105-pip statistical support was the buy; note the “8-ball” money flow strength of the first swing up. Also there are attainable limits listed.

Interesting that the 1.0747 is rather close to the afore-mentioned 1.0760.