Hi,

Here is my art project that illustrates a few harmonic patterns that has strong influence over our current motions, as suggested by the similarity in spacial orientation of the arguments within the support & resistance planes, indicated by solid & dotted lines.

The PURPLE trace shows nicely the behavior if this is a mid level bullish argument. The projection is from our previous increase in volatility, as shown by the purple trace. It is scaled to the most recent major move within the argument, and also with an eye toward the forward looking movements with int eh S&R planes.

The ORANGE is of course a significant bearish influence, again scaled to oscillate naturally between the planes.

Now. . .. . a more exciting idea to explore... we all know that once the SPX starts poppin' through support levels, it can get real rowdy... just like poppin' bottle at Elleven.

enter the PINK and BLUE traces.

These are from the same previous growth cycle, but scaled so that the next order of magnitude smaller harmonic pattern aligns with our current larger time frame harmonic pattern. This is how exponential growth happens. My favorite subject ! . .. . and yours too i hope. .. . .
Things get a bit hectic on the chart at the 30 minute candle (minimum time frame to publish, but the 9 minute is my favorite. . . . . so i threw in some level indicators, on the tops & bottoms of the forecast.

Good Luck, God Speed, Love & Light!

p.s.
. . .. . if you like this idea, follow me, and there is a reasonable chance i will update it next week as we get back into the action.
Comentário
Here is a fibonacci extension showing the 1.618 in the area of the purple peak. ... on the 9, to make it easier to follow the traces through the levels.
snapshot
Comentário
and here it is applied tot eh entire bullish move... both its interior, and extension levels have some interesting interactions with the projections, eh?
snapshot

...some abstract to chew on . . .. . have you considered that our emotions of fear and greed (plotted here in some sort of a derivative equation), might just be how we are programmed?

. .. . . do we use math describe reality, or is reality controlled by math... are we in a program? is the universe a simulation?
Comentário
last view for the night...
Check the vertical TURQUISE lines... thats the tempo for the next big run... which means we either over the fear of a big correction a bit ahead of schedule, or were just getting going!
snapshot
How do you feel?? comment below!

Also... don't forget that this index has a constant decline, that they offset by a reverse-splits when the price gets into the single digits... its happened a few times. maybe thats just an indication that the math of the index doesn't account for the inflationary practices that keep the market afloat very well...
Comentário
snapshot

The green arrow shows a notable departure from the green pattern… my curiosity is aroused!
Beyond Technical AnalysisChart PatternsHarmonic PatternsSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) UVXYVIX CBOE Volatility Index

Também em:

Aviso legal