Things

A Thrust is a reversal.

A Displacement brings on a balanced market but is time/event constrained.

A Drive following a Displacement in the direction of the last Thrust is reinstating the original direction.

There are implications such as against the move away from the Thrust is the move until a Drive shows up in the opposite direction – and this cannot be the case while the configuration is bullish, since Drive can only develop in line with the configuration. Therefore the only way to turn the market back in a lasting manner is by printing a Thrust in the opposite direction.

Bullish configuration means that the market is in the 200-sample hourly block that is closer to the 200-sample high than the 200-sample low – chasing new highs so to speak.

The only example I have for the Thrust not exceeding the HH print is this:

The whole pattern was sort of an inside job. The drive was engulfed by the prior move and the low that came out of it was a higher low.

Now, the little yellow lines I was drawing on the daily chart.

I was trying to plot an “M” that seems to happen after every 3rd Fresh Out (F) daily print. The Right Shoulder ought to be recessed. It did not happen in this falling wedge. The 100-pip stop loss was tagged instead 3 days in a row. Something was up – this Coda is a unique feature with its volatility expansion.

This is a bull market currently.

The black line suggested a Limbo below the 1.0531 level – it barely tipped in the block by a pip.

I kept on going back to this gap-up for ideas: this one opened up and pressed higher, then closed the gap and even went lower by 30 pips.

The current gap acted similarly, but it never even fully closed the gap – making the current move up even more bullish.

The fact that we had this pullback now to below the S-30 would hint a new leg up, and instead of a HH, we may see another acceleration next.

By the way, the easy, safe entry is the pullback after the HH print for a 46-53 pips move.

Today’s deed, the first track for Album #41

Achilles Dent: Too Smug For A Slug

Talking to Spock
Taking stock
Drinking tranquilo tequila
Irregular arugula
Served on a contem-plate
Beam me down
While Stiletto is still at home
I'm at the point of failure
At the point of Disco break
Retro stereo
O-LED in Technicolor
Misfit drone war
[Chorus]
Clam calamity
What's in your holster?
Save our holes
Save our shells
I find you too smug for a slug

Bacardi Buck
Twist on the rocks
Paint me some relief
Cure my disease
High hopes
Dressed in ropes
Reading your bio
Passing a laugh
[Chorus]
Clam calamity
What's in your holster?
Save our holes
Save our shells
I find you too smug for a slug

Meek shrieks
You're going to inherit the world
Sorry I can't be paying 
Any More
Attention to you
You screwed it up 
Having been born dull
...the biggest cardinal sin
is Being Boring 
We were never...
[Chorus]
Oh, clam calamity
What's in your holster?
Save our holes
Save our shells
I find you too smug for a slug