S&P 500 futures – update

09/12/2019 – market blew thru the pattern level and is very close to setting new highs in the ES. This represents a failed pattern … if you look we have some numbers coming in right below old high but as far as the VERY NICE sell pattern that was present – it’s cooked.

back to the drawing board to look for ANY pattern out there … no idea which ones work or which ones don’t … it’s all probability folks. going to take a look at my trusty XLP/NYSE or XLP/NASDAQ for a clue.

09/05/2019 – sell pattern complete.

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First off – all over the world – have a great weekend and enjoy family and friends.

second, we have another ‘pure play’ SELL pattern developing that could get tagged in the Asian and European markets (US markets closed on Monday)

this pattern has pretty much all the ingredients that the BUY pattern last Sunday night in Asia was hit.

we have a projection (black dashed arrows), a 1.27 extension (square root of 1.618) and a .786 retracement (1/1.27) all coming together …

also, remember square roots and the inverse of square roots ties in the frequency of a string so that’s where the numbers come from …

As Mr. Tesla said .. “to understand the universe think of terms of vibration.”

Yup – Bart

Here’s from a week ago and our last post before some travel

Here’s the update for this coming week:

Sunday night … rocking and rolling

as expected, we are rocking and rolling on Sunday night (08/25/2019) – no doubt it’s going to be an interesting day tomorrow.

as you can see, the futures did gap down, but found support perfectly on the BUY pattern at 2811. this level is key to hold overnight and over the coming couple of days ..

additionally, watch 2785-2787 for “other” support …

Crude – BUY PATTERN in/around 52-53

like the EEM … big support here. if we lose it, look out below …

note, the 15 minute and 240 minute patterns … it shows the fractal nature of the market and, in this case, we have a pattern (15 minute (orange w/ dashed black outline) w/in a BIGGER 4 hour pattern (light blue)

kind of cool, I guess.

B

this, never gets old .. Bladder of the Fish and Soybeans

 

03/28/2016 – am prepping for a presentation I will be giving at http://www.markettechnicians.org and it’s about the math of the great pyramids, Stonehenge and Music.  I’m trying (really I am trying) to walk slowly thru the progression of why square roots are important and I had to include an example of the Vesica Pisces (bladder of the fish) and I remembered this post … I’m going to use one of the charts in my presentation so I figured what the hell, just repost it.

B


had a “google hangout” w/ JC today and we zipped thru, easily, 6 different asset classes from stocks, commodities, single stocks and currencies in roughly 10 minutes.

“check this out – boom boom boom” and “blah blah blah” – and we were done.

question .. how long do you think it would take non-chartists?  hours …? just saying.

anyway, we took at look at long term soybeans and what we need to focus on is the POWER of a MEASURED MOVE on a long term chart.  in the chart below you’ll see blue and orange arrows.  they represent the MAXIMUM correction of Soybeans on this 40 year old chart.

folks, when you have a LONG TERM measured move that sits right on a .618 retracement  – you have high probability.  If you don’t believe me … just look at the chart.

every major correction has either been a blue or orange arrow …

measured moves of Soybeans
measured moves of Soybeans

 

W H Y ?

the Vesica Piscis of course (the bladder of the fish)

Vesica Pisces
Vesica Pisces

so, look folks, you can believe me or not … but – HONESTLY – I chose the black dashed move to being the construction of the Vesica Pisces for this long term soybean chart. And, because I believe in my edge – and w/ full disclosure I had NEVER done this for Soybeans I constructed the VP from that one corrective move from 1988-1991.

as you can see below I built the picture above and then ….. use sacred geometry to measure the fractals of the square roots of 2,3,4,5 which are represented by pink/black/blue/orange arrows and then transposed them to PRICE in the lower right hand corner.

and, guess what … see that black arrow?  THAT is what created the measured moves above … and, additionally, as you can see, I used the orange arrow from the low in 1999 to the EXACT high in 2012.

now, believe it or not, you can use any major swing .. they are all related from a proportions and fractal point of view.  I trusted my eye and looked at where this correction was occurring and trusted my “hunch” that this was the right vector to use as the seed.

if you get the chance … use the vectors as time.  (hint hint)

featured-images_s181

 

the bladder of the fish and the Vesica Pisces
the bladder of the fish and the Vesica Pisces

 

SPOILER ALERT:

The mathematical ratio of the width of the vesica piscis to its height is the square root of 3, or approximately 1.7320508… (since if straight lines are drawn connecting the centers of the two circles with each other and with the two points where the circles intersect, two equilateral triangles join along an edge). The ratios 265:153 = 1.7320261… and 1351:780 = 1.7320513… are two of a series of approximations to this value, each with the property that no better approximation can be obtained with smaller whole numbers.

21:11 Simon Peter went up and drew the net to land, full of large fish, a hundred and fifty-three and although there were so many, the net was not torn.

the bladder of the fish and, well, Soybeans

had a “google hangout” w/ JC today and we zipped thru, easily, 6 different asset classes from stocks, commodities, single stocks and currencies in roughly 10 minutes.

“check this out – boom boom boom” and “blah blah blah” – and we were done.

question .. how long do you think it would take non-chartists?  hours …? just saying.

anyway, we took at look at long term soybeans and what we need to focus on is the POWER of a MEASURED MOVE on a long term chart.  in the chart below you’ll see blue and orange arrows.  they represent the MAXIMUM correction of Soybeans on this 40 year old chart.

folks, when you have a LONG TERM measured move that sits right on a .618 retracement  – you have high probability.  If you don’t believe me … just look at the chart.

every major correction has either been a blue or orange arrow …

measured moves of Soybeans
measured moves of Soybeans

 

W H Y ?

the Vesica Piscis of course (the bladder of the fish)

Vesica Pisces
Vesica Pisces

so, look folks, you can believe me or not … but – HONESTLY – I chose the black dashed move to being the construction of the Vesica Pisces for this long term soybean chart. And, because I believe in my edge – and w/ full disclosure I had NEVER done this for Soybeans I constructed the VP from that one corrective move from 1988-1991.

as you can see below I built the picture above and then ….. use sacred geometry to measure the fractals of the square roots of 2,3,4,5 which are represented by pink/black/blue/orange arrows and then transposed them to PRICE in the lower right hand corner.

and, guess what … see that black arrow?  THAT is what created the measured moves above … and, additionally, as you can see, I used the orange arrow from the low in 1999 to the EXACT high in 2012.

now, believe it or not, you can use any major swing .. they are all related from a proportions and fractal point of view.  I trusted my eye and looked at where this correction was occurring and trusted my “hunch” that this was the right vector to use as the seed.

if you get the chance … use the vectors as time.  (hint hint)

featured-images_s181

 

the bladder of the fish and the Vesica Pisces
the bladder of the fish and the Vesica Pisces

 

SPOILER ALERT:

The mathematical ratio of the width of the vesica piscis to its height is the square root of 3, or approximately 1.7320508… (since if straight lines are drawn connecting the centers of the two circles with each other and with the two points where the circles intersect, two equilateral triangles join along an edge). The ratios 265:153 = 1.7320261… and 1351:780 = 1.7320513… are two of a series of approximations to this value, each with the property that no better approximation can be obtained with smaller whole numbers.

21:11 Simon Peter went up and drew the net to land, full of large fish, a hundred and fifty-three and although there were so many, the net was not torn.