Archives
Dow Jones Industrial – May 14, 2024
Posted on May 14, 2024 Leave a Comment
The Square Out is still in force BUT it could fail, which would be surprising, to be honest. This square out reminds me of the Rubik’s Cube
Geometry – April 18, 2024
Posted on April 18, 2024 2 Comments
Geometry …from one vector radius or measured move. See it to believe it and then BELIEVE and then you will REALLY SEE it …
The Markets – March 24, 2024
Posted on March 24, 2024 1 Comment
The NYSE Index HIT the square out at 18, 059 and reacted very very minimally (which surprised me to be honest) and is walking up the wall of worry. Today that level is at 18,070. As you can see above, we have not CLOSED ABOVE the 1:1 trend line from the all time low and […]
NYSE Index – March 03, 2024
Posted on March 3, 2024 Leave a Comment
The concept of a “square out” is one of the most important in all of harmonic trading. In this case, we believe that PRICE and TIME are the same thing … they are a NUMBER and they are intertwined. Say price makes a high (or low) of 50 … then 50 seconds, 50 hours, 50 […]
NYSE Index – July 03, 2023
Posted on July 3, 2023 1 Comment
Just like the last post on the Banks ( https://atomic-temporary-44460632.wpcomstaging.com/2023/07/01/xlf-financials-july-01-2023/ ) the NYSE Index – an index composed of all the stocks traded on the NYSE (~5000 securities) – is tipping it’s hand and showing a VERY important SELL PATTERN. In this case, we have ABCD in PRICE and TIME. If this market is bearish, […]
Dollar and Stocks – March 22, 2023
Posted on March 21, 2023 2 Comments
Today, monitor and watch – CLOSELY the BUY PATTERN on the US Dollar Index. That level is in/around 102.50-102.70. As you can see below, I have INVERTED the NYSE Index to give a flavor for the pivots in the equities and how they correspond to the US Dollar. From the perspective of the S&P 500, […]
Ratio showing us something …or not?
Posted on December 13, 2021 Leave a Comment
well, we have a DAILY breakout above the channel that has been defining the ratio for pretty much all of 2021. is this a valid breakout or a gotcha? I’ll make an educated guess once we close this week out … looking for a WEEKLY close above the top of the channel w/ strength. will […]
Important Correlation
Posted on August 22, 2021 1 Comment
chart below has Palladium w/ the NYSE Index overlaid on top. the candles are Palladium and the blue line is the NYSE Index ($NYA) note, currently, Palladium is correcting pretty steeply … in the past, this has led to the overall stock market to correct also. is this time different?