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April 29: T ends successfully..


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#1 Rogerdodger

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Posted 11 May 2021 - 10:00 AM

For those curious about Terry Laundry's Magic T, this guys posts are enlightening.

 

From April 29th:

T-Theory Thoughts

A place for the old and slow to reach investment decisions, dedicated to the teachings of Terry Laundry

https://ttheorygroup.science.blog/


 

"The long T which I wrote about in my post of November 22 completes today  (April 29th). As much as T Theory works, I still get a feeling of amazement when a T ends successfully."

We do not have a new Volume Oscillator peak that is above the last VO peak. That means that we have reached the end of the last T. And now we must wait for a new one to develop.

T Theory was never about shorting the end of a T, but finding a new investment period that will show greater strength, after a period of cash buildup. Price can and very often does move higher after a T ends. It’s important to see when the cash buildup period begins. Using an old concept, watch how price reacts to the peak in the Volume Oscillator. Does it continue to move up as the VO recedes? That is a sign of ongoing strength. Using a newer concept, does the VO create a complex top, or a simple one? A simple top would mean that price recedes with a quick move below the zero line on the VO.

 

At the moment, I am expecting a new T to be formed sometime in June. A more exact time might be evident as we approach it.

 

 

PS: Watch the VO for a breakout.

PSPS: The "real" VO data is always incomplete immediately after the market close. Wait for the adjustment before getting excited.

April-29-T.jpg

 

 

 



#2 Rogerdodger

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Posted 11 May 2021 - 12:23 PM

Complex vs simple structures:

A New Concept
February 28, 2021

Only for those trying to learn to use T-Theory on your own:

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.

 

Chart @

https://schrts.co/KKmQGAnF

 

Simple-vs-complex.jpg


Edited by Rogerdodger, 11 May 2021 - 02:54 PM.


#3 slupert

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Posted 11 May 2021 - 02:22 PM

 

Complex vs simple structures:

A New Concept
February 28, 2021

Only for those trying to learn to use T-Theory on your own:

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.

 

Chart @

https://schrts.co/KKmQGAnF

 

no doubt, you can't use Mclellan unless you understand simple and complex structures.



#4 Russ

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Posted 11 May 2021 - 05:29 PM

For those curious about Terry Laundry's Magic T, this guys posts are enlightening.

 

From April 29th:

T-Theory Thoughts

A place for the old and slow to reach investment decisions, dedicated to the teachings of Terry Laundry

https://ttheorygroup.science.blog/

 

"The long T which I wrote about in my post of November 22 completes today  (April 29th). As much as T Theory works, I still get a feeling of amazement when a T ends successfully."

We do not have a new Volume Oscillator peak that is above the last VO peak. That means that we have reached the end of the last T. And now we must wait for a new one to develop.

T Theory was never about shorting the end of a T, but finding a new investment period that will show greater strength, after a period of cash buildup. Price can and very often does move higher after a T ends. It’s important to see when the cash buildup period begins. Using an old concept, watch how price reacts to the peak in the Volume Oscillator. Does it continue to move up as the VO recedes? That is a sign of ongoing strength. Using a newer concept, does the VO create a complex top, or a simple one? A simple top would mean that price recedes with a quick move below the zero line on the VO.

 

At the moment, I am expecting a new T to be formed sometime in June. A more exact time might be evident as we approach it.

 

 

PS: Watch the VO for a breakout.

PSPS: The "real" VO data is always incomplete immediately after the market close. Wait for the adjustment before getting excited.

 

 

 

 

T Theory is getting the same approx. time frame for the next low as my momentum oscillator on the SP500, mid June. 


Edited by Russ, 11 May 2021 - 05:31 PM.

"Nulla tenaci invia est via" - Latin for "For the tenacious, no road is impossible".
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong



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#5 da_cheif

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Posted 11 May 2021 - 07:42 PM

WWW TOMORROW



#6 linrom1

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Posted 11 May 2021 - 10:05 PM

WWW TOMORROW

Up tomorrow and then down to OpEX to collect on puts?



#7 bunker

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Posted 13 May 2021 - 04:08 PM

Thanks,

It was kind of a nice long ride ;)