GOOGL DOODLE – February 02, 2023

Congratulations to the Kansas City Chiefs. Man, what a game …well done NFL to a very entertaining and competitive event. Oh there was definitely the undertones that one would expect but, dare I say, they almost promoted THE diverse and amazing country of melting pots we are …? Maybe ?

Last, the commercials confused me a bunch. Hat tip to Breaking Bad but a lot of em’ I was left saying ” what are they trying to convey here?”

Of late, I have read and digested multiple books, episodes, podcasts, etc. of Mr. Robert Edward Grant. Folks, I encourage you to follow him and really try to understand the message he is speaking. Seriously ….

As such, I’ve taken up sketching (which I love) and squaring the circle and then adding the platonic solids and then realizing the a^2+b^2 = c^2 holds such vast and universal truths around the creation and manifestation of the universe that … I decided to just pull out the crayons and “prove” to myself the amazing harmony and geometry that exists in the markets and if WE (me included, trust me) are just PATIENT enough it will reveal itself and we will have the opportunity to manage risk and, potentially, extract money from the markets.

So, I typed in GOOGL and just started to draw … (mind you, I had never done this before, the charts are “real time” as I captured them at my leisure.

As I type this, now that its done, I can tell you that the harmony and geometry are amazing … and to think, we were taught this back in grade school.

How to draw an arc from three points ……

often times, 4.236 times the initial impulse move will prove to be R .. this time it worked and 2×4.236. WOW.
pick three points – mine are the blue highlighted squares at/around the bottom left
using basic geometry, create circles equal to the distance of each square. connect the lines ….
at 1/2 the intersection price (290) draw an arc equal to the distance from 1/2 gravity to price low
the “first” square
from the first square, create “fractals” of the gravity center square and continue …

Take note, anyone see the likeness of an “Adams Pitchfork?” The above is the REASON the Adams Pitchfork is such a powerful tool. It essentially makes the squares and the diagonals for you aligned with the first impulse move up or down …

Anyway, how does this help us trading? For me, it just reinforces the geometric and harmonic nature of any liquid instrument. Yes, I know that this is all “after the fact.” If you have been following me for a while you know most, if not all the time, I post “real time” or as “near as real time” as possible. Tonight, it was just an exercise to show me (and perhaps some of you) the geometrical and harmony of the market … that’s all.

GOOGL just finished a pretty smashing GART SELL and it’s been straight down SO .. I’m not looking to BUY anytime soon for GOOGL.

Last, sorry I missed that GART SELL. Just haven’t been watching “the Google” very much … no reason. Just haven’t …

GOOGL – SELL PATTERN

SELL PATTERN completing a little higher and its behavior will give us a good idea of the overall market …

folks, it’s all that it is ….it’s the famed Gartely 222 Pattern which has the following:

AB=CD – yes we have that

.618 or .786 retracement – yes we have that

an 1.27 or 1.618 extension pattern – yes we have that

so, folks, it’s “just” a sell PATTERN on an important stock and IF (the big IF) it works THEN the market will probably follow. right? kinda?

OR the PATTERN fails (which does happen) and IF (the big IF) it fails THEN the market will probably follow. right? kinda?

therefore – sell PATTERN works GOOGL should go down and the market will go down.

else – sell PATTERN fails and GOOGL should GAP (more than likely) over the pattern (happens all the time) and the general market will follow …

GOOGL – SELL PATTERN and that’s all it is …

%d bloggers like this: