Hell Week Rub Down
Boy, what a week! I’m glad it’s over as OPEX weeks in my book ranks high in the unpleasant category right next to root canals and prostate examinations.
I don’t know what got into the Zero lately but it’s simply kicking ass and I think the signals above need no explanation. Note that monster divergence at the beginning of today’s tape which was so huge that I didn’t even see it until much later – LOL. Didn’t prevent me from loading up on puts at today’s top however.
Based on the emails I’m getting Zero subscribers are having big time fun and are not taking any prisoners. Seriously, if you can successfully negotiate this type of tape then everything else is starting to be boring. Great show everyone – I’m going to retire now and hit the gym and blind some girls. I’ll be posting my notorious weekly forecast early Sunday afternoon (depending which time zone you’re sitting in).
UPDATE 4:45pm EDT: Before I head out, and since it’s free week over at 2sweeties, here’s a little goody I’d like to share:
This is a snapshot of my private version of Zero-RL – something I developed a few months back when the retracement levels (and the Zero) were still available for free. I basically feed the daily RLs into that indicator every night. A proprietary algo I developed correlates the RLs probabilities with the strength of the Zero signal. This allows me to gauge whether or not an RL will most likely be breached. If an RL is ‘breachable’ the dots remain either green or red – if not a blue dot is being painted (as above in the chart). It sometimes breaks during very weak tape as the MMs can bang it either way they want but when there is participation above 1 on the PZI-RL then it almost never fails.
This is something I however cannot share with the rest of you rats as it would be difficult to correlate the two subscription models. BUT it might be worthwhile for you rats to consider an SPX RL subscription so that you can manually correlate it with the Zero. I won’t disclose the algo that I use for mapping but I would be willing to issue a table that shows RL percentages and how they interact with Zero signals.