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More "Loose" Analogues and Fractals, Weekly and Daily $INX Charts


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#1 Geomean

Geomean

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Posted 02 January 2012 - 06:41 PM

I find Pebblewriter is doing very interestesting work on harmonics. Well worth a visit. http://pebblewriter.blogspot.com/

Tomorrow, Jan 3 is TD 62 from Oct low, which is often a harmonic turn(61.8?). Dec 28 was TD 162 from 5/2 top (1.618?) 12/30 was fib trading day 377 from the July 2010 low.

Here is the latest chart with DeMark Indicator's. The harmonics suggest that the delaying TDSEQ sell signal countdown 13 might never complete. Remember the only qualifier that has prevented completion is the one that requires that the high of day 13 of countdown to equal or exceed the close of day 8. We might see a pop to finally achieve that, but other charts are telling me to not hold my breath. I've started accumulating some shorts here, but nothing yet that mirrors the general averages. I'll wait a little longer.

Not seeing completion of the TDSEQ sell countdown 13 would be consistent with the fact that the current sell set up completed within the prior buy set up.

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Here is the latest iteration of the harmonic pattern I started posting a month ago. Also, it now prints two recent time log spiral zones. (gold and black dots). Added prior Gartley 222's in light green.

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Here is the weekly $INX chart. The harmonics there do NOT suggest that the Oct low was significant. Note next week is in the middle of a cluster of Fib weeks (34, 89, and 233)

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Good Luck to All and I Hope everyone has a healthy and properous New Year.

[PS. Santa brought me the books I wanted. Two great reads by Larry Pesavento. OK, now where do I find the aspect dates for the Venus/Uranus cycle for 2012? :D ]


Geo
Opportunity knocks on your door every day-answer it.