I've been trying to work out the bigger picture stuff in comparison to indices and forex hence why I stated we could have 4 days down based off the 16th -19th dates .
Dax now has 4 days down [ this is the market of my main focus ] The pattern now implies 3-4 days up so tonight is a green night on futures . Please note my work is on futures and not so much cash markets .
Ifffff the mirror continues and we get a green night it implies we go back to recent highs then collapse to fill some gaps . A mirror is a mirror until it breaks and it says we will go up green ,red , green , red etc [based on daily colours ] . I also note if it is infact a green night it will give up much of the gains by tomorrow morning [yanks close ] but this is not a definite .
A similar pattern of dates exist on aud/usd but is not as clear to me at this stage .
This may not assist those who scalp but if it works it will help in getting the major direction correct with a major correction .
AUD
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