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Phi mate turn date and

Posted by elliotw on 14th of Aug 2020 at 09:15 pm

Phi mate turn date and a Major Bradley model turn date scheduled for August 18th and 19th, 2020.

 

  • There is both a Phi mate turn date and a Major Bradley model turn date scheduled for August 18th and 19th, 2020. 
  • The Phi Mate turn dates agreed with the Bradley model on two major occasions, the December 24th, 2018 Low, and the March 23rd, 2020 Low. Both Lows led to dramatic rallies. 
  • The fact that we are getting a Phi mate turn date and a Major Bradley Model turn date scheduled within one day of each other, August 18th, and August 19th, 2020, is an important warning and increases the probability of a strong trend turn. 

PHI MATE TURN DATESare a cycle trend turn date where often the relationship of significant tops and bottoms occur a Fibonacci .618 or .382 number of trading days from each other and from the all-time inflation adjusted high for the stock market back in January 2000. This allows us to calculate future trend turn dates based upon the dates of past tops or bottoms of significance.

THE BRADLEY MODELis a Cycle trend turn indicator based upon astronomical alignments. If we look at the four largest trend turns over the past two and a half years, we see that the Bradley Model was predicting a turn within two weeks of the major turns February 1st, 2018, December 24th, 2019, January 17th, 2020, and March 23rd, 2020. There are major and there are minor Bradley model turn dates. There have been only two Bradley model turns so far in 2020, and both were Major turn dates that ended up being correct. The first pointed to the 2020 crash through March 23rd, the second pointed to the retracement from March 23rd through now. 

* Note: Turn Dates can be either positive or negative.”

This sort of makes you wonder whether Long subscribes to McHugh’s site.

One of the bullet points above really jumped out at us – specifically. “The Phi Mate turn dates agreed with the Bradley model on two major occasions, the December 24th, 2018 Low, and the March 23rd, 2020 Low. Both Lows led to dramatic rallies. When we link this this with the following points, the markets could have a problem maintaining its upward momentum either up to the turn dates or after them.

Source:  https://avmmarketwatch.com/2020/07/20/july-20-2020/

  Tom D'mark Sequential Weekly 13 sellsignal

Posted by elliotw on 10th of May 2020 at 02:05 am

  Tom D'mark Sequential Weekly 13 sellsignal on the cards for next week

In addition to the  potential daily TDMS aggressive 13 sell signal on the cards for next week, there is a potential for a weekly 13 sell as well. The last weekly 13 sell was followed 2 weesk later by a 10% correction in mid 2019.

Tom D'mark Sequential 13 sell

Posted by elliotw on 9th of May 2020 at 09:32 pm

Tom D'mark Sequential 13 sell signal as early as Monday next week

TDMS gave a 13 daily sell signal at market to in Feb 2020.  It have a daily 13 buy at the higher low in early April 2020. Current as of Friday have a 12 count. If the market Monday closes above Thursday's close, then will print a 13 daily sell signal.   The market can either go sideways for a while or decline. It is not a short signal. But a signal to take off some long exposure and tighten stops.

Note it also gave a 9 sell in Feb, a 9 buy at early march 1st down leg low, a 9 buy a week prior to March low. 13s provide a more confident signal that 9s.

(The 13s are "aggressive" counts for those of you that understand TDMS, based on a close greater than the close two days [prior) 

March - May 2001, March

Posted by elliotw on 9th of May 2020 at 09:15 pm

March - May 2001, March - May 2008, March-May 2020.  8 week rallies in 2001 and 2008        

Next week will be week 8 2020. will history repeat?

uncanny resemblance

Kimble Charting

Posted by elliotw on 19th of Apr 2020 at 10:32 pm

Kimble Charting

Thanks for List, LQD's recover last week with Fed buying was incredible 

Most Elliot wave posts I follow say that now wave 4 has overlapped wave 2, as shown in your chart. They have now established the March low as a wave 5, and now heading up in an ABC, or on a bullish biases, starting a wave 3 impulsive wave up (lower probability option, but possible with Fed Actions). 

Breadth Thrust- took 14 days,

Posted by elliotw on 9th of Apr 2020 at 05:09 pm

Breadth Thrust- took 14 days, tad over the ten days to qualify as a BT.   Still an impressive breath thrust off lows, including the bullish percents on spx 

great idea, maybe where the market will be at end of 2020 and we can load up on "out of the money" front month options a few days prior to expiration

Coronavirus disease 2020 "prediction"  Wikipedia

The novel mentions a bioweaponthat in earlier editions is called "Gorki-400" and in later editions was called "Wuhan-400". Gorkiis a Russian city and named as the origin of that bioweapon in the 1981 edition. Due to the end of the Cold War, the origin of the bioweapon was changed to the Chinese city of Wuhanand it was renamed "Wuhan-400" for the 2008 edition onward,  

amazing

sharing from another subsciption

Posted by elliotw on 7th of Apr 2020 at 08:44 am

amazing

great comparison thanks

nice comparison chart to 1929 

1929 - 2020 Analog Update.

Posted by elliotw on 24th of Mar 2020 at 08:56 pm

nice comparison chart to 1929    , lines of thousands of unemployed workers in Australia not seen since the the 1929 depression.  State boarders closed to interstate travel first time in 100 years. Interesting times 

great chart thxs

Good time for this chart again.:

Posted by elliotw on 24th of Mar 2020 at 08:35 pm

great chart thxs

$Nymo Divergences generally marked market

Posted by elliotw on 24th of Mar 2020 at 07:27 pm

$Nymo Divergences generally marked market declines in past year. I reproduced this Chart From Tom McCellan's work

$NYMO approaching down trend line.

Posted by elliotw on 24th of Mar 2020 at 07:22 pm

$NYMO approaching down trend line.  Bearesh div of SPX to Lower highs on $Nymo consistently occurred before market pull backs in 2019/2020.  

Tom McCellan wrote an article in Jan 2020 regarding watching the declining lower highs trend line as bearesh.  $Nymo is now approaching the TL. If it breaks through could be bullish 

saw this prof on the Brisbane news a few days ago trying to raise cash for his research

$SPX weekly held its lower

Posted by elliotw on 13th of Mar 2020 at 05:18 pm

$SPX weekly held its lower cloud support and 200sma

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