SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: IndexTrader who wrote (1110)2/8/2001 5:05:48 PM
From: Chip McVickar  Read Replies (2) of 12410
 
Hello Susan,

Thank You for the cycle review.

>>Is there anything in the forks that might suggest this?<<
For me pitchforks don't present cycle information, and how a market is EXpected to evolve. Some use them on an 5 Ewave pivot priniciples... I don't.

Forks provide target areas and a ruff time in which which movement is likely to happen. Then when the market reaches that price one watches to see what the bars tell you.

SPX weekly charts have a fork off July 99 wk 4 high that has a median line directly on todays low of 1332.... So this area is important and I will be watching what happens to the price, tomorrow and next week.

If the SPX market moves off 1332± with any strength, the weekly forks suggest 1425 as a likely target.

BTW, I do use cycles of the moon.

Astro is also valuable for cycles and future points of interest.

The second half of 2001 is made very difficult by a planetary aspect, ("worst") a hard angle (180° opposition) between Saturn in Gemini and Pluto in Sagittarius. Disharmonic angles (0°, 90°, 180°, 270°) between these two planets occur every 8-10 years, and can cause a lot of complications.

Maybe someone will share Hitt's astro reads on this time frame...?

My Best,

Chip
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext