I stated in the previous commentary that the significant long term significant RST monthly sell pattern would be triggered with an SPX monthly close below the low of the bull cycle high month which was a 2134.72 high and 2067.93 low. The cycle high was 5/20/15 and it closed in June at 2063.11 with the… [Read More]
Day Trading
Geometric Pattern Day Trading Symmetry
In my 8/24/15 Trading Markets commentary I said that the SPX made a bull market cycle high at 2134.72, with a monthly low of 2067.93, and a monthly close below that low would trigger the highly significant 7 point RST pattern that dates back to the 1998 bear market low The high SPX monthly close… [Read More]
Long-Term Trigger
The SPX made a bull market cycle high on 5/20/15 at 2134.72 and a monthly low of 2067.93 A monthly close below the low of the high month in June was the trigger for a highly significant 7 point RST that dates back to the 1998 bear market low, which is outlined on the SPX… [Read More]
Trade What Is, Not What Should Be
The SPX bounced off its 200DEMA inflection point and made a 8-day Fib day count run to test the highs of its 2015 relatively narrow trading range and made a 7/20 2132.8 intraday high before closing on 7/23 at 2102.15, or +2.1% YTD. As of last Fri [7/17] the SPX was +3.3% YTD. However, the… [Read More]
Significant Time Symmetry
The SPX finished +0.1% for May on below average volume, which is the norm these days, but the Central Bank manipulated market continues to get marked up higher with a cycle high daily close of 2130.82 [5/21] following the 2130.72 intraday high 5/20]. The index has essentially ranged all of 2015 and is +0.2% YTD…. [Read More]
Enhanced Trade Selection
The SPX bull market top in 2007 was 2,757 CD`s from the 3/24/00 bull market top, and this week is 2757 CD`s from that 2007 top preceding the “Panic of 2008”, so there is certainly long term symmetry. The SPX made 2120 cycle high on 2/25/15 and made a 2126 intraday high on 4/27/17 before… [Read More]
Inflection Point Zone with Symmetry
The SPX made a cycle high of 2120 on 2/25/15 and a closing high of 2117.52 on 3/2/15. It has since declined -3.8% to the 2039.69 intraday low on 3/11/15, and has also declined for the third straight week and closed at 2053.40, or -0.9% on the week. It is significant to note that March… [Read More]
Using My Implied Volatility Calculator
The SPX finished 2014 +11.4% to 2080.35, declined -4.3% in Jan, and is +4.7% so far in Feb after significant headline volatility, most of which is Central Bank and EU related, with significant intraday volatility opportunities preceded by the “funny money” globex futures gyrations. If there is a market that is not fixed anymore please… [Read More]
It Is Imperative You are Cognizant of the Fib and Pi Symmetry in Play
The SPX finished +11.4% on the year to 2080.35, with the leader being the QQQ at +19.2% The index made its 2014 and cycle high at 2093.60 on 12/29, just 2 days in front of the 12/31 8.6 cycle Pi time symmetry date The Pi date is measured from the 3/6/09 bear market 667 low… [Read More]
A Market of Many Knee Jerk Headline News Reactions and Rumors
The Central Banks cumulative SPX performance has the index up +12.4% YTD [H/L] and +14% from the 10/15/14 1821 low, which was reversed by the central bank manipulators following a -9.8% decline from the 2019 9/19/14 high [interesting timing I would say] The market is obviously in the strong seasonal period, but I don`t think… [Read More]