first the NAZZIE then the S&P – a warning

at the beginning of the year, we showed how the NASDAQ was exhibiting the very powerful TIME and PRICE equality.  here is the post:

look for a close in/around 4106 on NASDAQ tomorrow …equality of TIME and PRICE

when time equals price it’s a heads up for either a BUY or a SELL.  It is something to pay attention to … my friend and mentor Mike Jenkins ( ) pointed out the importance of 1890 yesterday.  My charting package showed an intraday high on the cash SPX of 1889.  Is it a coincidence that the March 6, 2009 low was 1890 days ago?  Yes …maybe?

Here’s the chart of the Monthly S&P showing 1890 calendar day counts also 1890/2 from the 10/10/2002 low.  Folks, simply saying the last time we had TIME equal PRICE not soon there after a correction occurred.  What’s interesting is the GEOMETRY that plays out w/ this number … notice when this calendar count occurs (1890) PRICE was banging around, essentially, the same level.  So I played w/ some numbers and divided 1890/1.27 and got 1488.  Put 1488 on the chart and measured UP from that point to the 1900 is area.  As you can see, I then put that measured move to the low and  we had a perfect 1/3rd.  It’s neat stuff …

We had some major cycles hit the past two-three weeks, we see “most” of the glamor names have sold/are selling off.  We see the NASDAQ leading the crowd (well, in our world, it was the first to hit a TIME and PRICE equality) and the IWM sell pattern and it goes on and on …. not a bear, not a bull just a pattern recognition expert.  In this case the patterns are SELLs and we better pay attention.


Author: BART

BART is a CMT and an expert a "advanced" pattern recognition used w/in the intermarket analysis discipline. He's also an accomplished Business Development Executive providing solutions to a myriad of business markets.

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