Member
Posted 02 March 2021 - 01:07 PM
A Terry Laundry SPX MFI(14) large "T" top projection based on the March 23, 2020 low appears to be finishing either today (red "T") or on February 17th (blue "T") depending on whether the left edge of the "T" is drawn from the low in the MFI or the SPX (I believe Terry used the low in the SPX).
According to my risk summation system, Monday of this week was a risk window. The next risk window this week is this Thursday and Friday the 4th and 5th of March.
Regards,
Douglas
Member
Posted 02 March 2021 - 07:56 PM
never mind.
Edited by q4wer, 02 March 2021 - 07:58 PM.
Member
Posted 02 March 2021 - 08:06 PM
I think it's normpie at https://ttheorygroup.science.blog/
"I have recently come across an article that will put a new weapon in the T-Theory arsenal. I believe Tom McClellan is on to something important in this article. It is the Theory of Complex Versus Simple Structures in Oscillators.
Right now, we have what looks like a weak bearish move downwards. If it continues straight down without creating a complex bottom, this could be a short lived reversible low. But we need to reverse in the next few days."
Member
Posted 03 March 2021 - 02:38 AM
Well, I suspect that if the MFI "T" that I show in the note above is working, the red internal trend line will stop the current rally. If the "T" is a dud and the red line is broken, I suggest that the next target for the march upward is somewhere along the green internal trend line on the plot below.
Regards,
Douglas
Edited by Douglas, 03 March 2021 - 02:46 AM.
