2 replies to this topic

[Rogerdodger]

For fun:

The late Terry Laundry was a radar expert. Thus he tended to see the market movements as bouncing wave patterns much like radar waves or echoes bouncing off of canyon walls.

He would make a cycle observation based on a deep drop and then time the following frequencies based on the time interval of the following deep drop or "echo".

I have used the Oct. 2014 drop as my start point and tried various following price lows as possible cycle turns.

Some hit  and some invert.

We are right on the smallest bottom but it is closely followed by the big 11ish month cycle. The setup is similar to the double bottom in early 2016.

 

But don't bet the farm on it alone.

 

Edited by Rogerdodger, 27 March 2017 - 09:22 AM.

[Geomean]

Per Stan Harley['s interview on Larry Pesavento's show on TFNN on Friday, the SPX has been hitting a 93 TD cycle of either lows or highs, +/- 1.9 TD standard deviation like clockwork since 2011.  Stan is currently #1 stock timer in Timer's Digest.  Stan said that a cycle turn is due here, with the center of the cycle low hitting on 3/22.  So a turn today would fall within the standard deviation.

[AChartist]

I have a new rut high cycle in 5-6 day, then there will be some rising cycles.

 

If there is any drop should be in that transition to rising cycles, this has all been rolling topping

 

cycles. Maybe one drop late Apr because if they can buy 6 days with this can stretch for tax day.