Tuesday, October 30, 2012

Fibonacci and Nature

H/T  to Dolemite...Thank You Danny

Friday, October 26, 2012

Apple Turnover

Daily AAPL (One Year)

  • base: AB
  • Circle 1 Radius BA    Circle II Radius CB
  • Note how last rally climbed the vesica piscis XE--breaking below at pt. 'Y'
  • Decline BX is parallel to decline YZ
  • 1x1 (BD) support at current levels. If BD is broken price decline could accelerate.
  • There should be decent support at the 2x1 fan line AD. A decline to support at 565-570  would be very similar in price and time to the decline BX


AMAZON Monthly

Amazon Is a Black Hole Threatening To Devour Corporate America (Slate)

Monday, October 22, 2012

S&P 500 Update

S&P 500

  • Rectangle based on AB 
  • AE (1x3)  is a minor price and time harmonic: breaking below the star at E would be considered bearish resulting in a possible decline tasking place below line BC.
  • A close > 1460 would be considered bullish.
  • The April high should act as significant support. (blue horizontal line)

Thursday, October 18, 2012

Nasdaq Composite

  • based on decline AB
  •  High at the 2x1 fan AG intersecting 3x1 BY at corner of square @ C (red arrows)
  • Lateral support at center point of square ABCD (3050)
  • Note other market action at other highlighted intersections.

  • Breaking support at CZ, which is parallel to BY, will push prices out of the red circle which is about to terminate.
  •  Breaking CE will suggest much lower prices. (CE = 1/2BC)


GOOGLE

  • based on decline AB
  • note market action at highlighted intersections
  • the recent high--before today's precipitous decline--took place at  point E which is the 1x1 fan line  ACE ( AC = hypotenuse of the original AB)
  • Support at 480-500

Sunday, October 14, 2012

Map of a Harmonic Decline

S&P 500

The chart represents a possible scenario of the expected decline.
  • Assume Pt. X, where the Sept 14 high touches the line AE, is the intermediate cycle high.
  • Assume that the ensuing decline will be parallel to the previous decline AB
  • Therefore: XY // AB
  • 1395 is the center of XY. This point is around October 17-19th. A break below 1395 next week would suggest that the decline might become radically non-linear.

Friday, October 12, 2012

The Decline has Commenced

The trading square based upon the last significant decline--April 2 - June 4th has been violated which suggests that the next intermediate cycle decline has commenced,.
  • 1390-1395 remains to be a highly significant support level which should hold the market unless the seasonal factors are stronger than expected--which is a very high possibility.
  • Cycle interaction indicate that between now and November 5th a very large decline could occur.
  • Note that the market peaked  at the right extension of the trading cycle on September 14th (blue circle)

Thursday, October 11, 2012

AAPL

I would rather be Short than Long
 


Monday, October 8, 2012

The March 2009 Low and PHI Expansion

A chart similar to this was posted last evening and has generated several queries as to how it was produced. Here is a brief explanation:
  • The entire grid is based on the initial thrust off the March 6, 2009 low (A) to the first pivot high of June 11, 2009 (B)
  • The initial square is made by making the AB the left (earliest in time) side of the square. (1) dark red
  • The second square is formed above the first square. (1) bright red
  • The 2x2 square (2) is formed using the right hand side of squares 1 & 1.
  • The 3x3 square (3) is formed from the top sides of Square 1 and Square 2
  • Note how the 1x1 from the March 2009 low has acted as major support in 2011 and so far in 20012.
  • THe PHI expansion 1,1,2,3,5 is not the conventional method of creating a Fibonacci spiral but is made by moving the PHI expansion always into the future and--in this case--pointing upwards. A decline would move to the right and downwards.
Examine the fan lines and especially the intersection of the various fan lines. Many support and resistance levels are evident as well as several significant changes in trend where various fan lines intersect.
It is amazing that these points are determined from the initial thrust off the March 6, 2009 low. It demonstratwes the fractal nature of markets.
The current juncture of the S&P is fascinating since it has broken above the 2x1 from Square 1 but its highest level has been seen at a intersection of two 1x1 fan lines.

Sunday, October 7, 2012

S&P Weekly

Trying so hard to break out....

 
 

PHI Square Grid


Friday, October 5, 2012

TLT

TLT 20+ Treasury IShares

A close below 120 would indicate that the bear is not yet sleepy.


Tuesday, October 2, 2012

GOLD


Nasdaq Composite

Nasdaq Composite:

 A weird confluence of cycles. Contemplate upon this.
  • The Green circle is based on radius BA = BE.  AE is the hypotenuse
  • The recent HIGH PRICE--the bright yellow circle was made at the 2X1 line extended from AG which is SQRT(5) units. (2.236)....at the same point in TIME that the square was completed at point E
  • Note Point C. The pale yellow circle is formed from the radius CB = CD. Considering only amplitude and not time BC = .618BA. The first thrust BC was .618 of the March June decline. 
  • If point C is extended horizontally it is extremely close to point E: hence the two circles intersecting at that point.
  • March 27 high to June 4 low is 69 days.  69 x 2.618 = 180 days. 180 days from March 27 was Sunday September 23rd. The high was made on Friday September 21st
So to recap:
  • Price found resistance at the 2X1 fan line which is 2.236 times the radii BE & BA at the same time that the large cycle AB has price harmony (.618) with the smaller cycle BC from the first thrust from the June 4th low.
  • POINT "E" IS AN EXTREMELY INTERESTING INTERSECTION OF CYCLES.
ANY COMMENTS?