More than one chart this evening (maybe). We start with the special special astro and the Dow time cycle chart.
I have toyed with ideas relative to this for a long time, viz relationships between astro - waves - and cycles. Trying to come up with a bit of a unified approach to increase the odds.
First chart is the special special astro and most important, reference last post, in finer resolution. Main take aways.
- On an overall basis we use this the same as the Bradley, we look for turns.
- But with reference to the previous post, if you look at the special special astro it is usually moving in the same direction as the market, or completely opposite. And the main turns in the Dow correlate extremely well with turns on the composite astro.
- The actual correlation with direction is pretty high as well, near 40 % longer term. The correlation with direction for the Bradley is about a big zero, which is what makes it difficult to use. And since it is near zero a lot of folk think it worthless, irrespective of turns being hit.
- We are currently in the hack zone, from about 9/4 to 9/6. Or maybe at the end since it hit the weekend and a holiday.
- The next turn on the composite is 9/16, the one after that is 9/27, then it goes sort of flat. I am 'sort of' looking for a general indice bottom on 9/16.
- We have posted on the 7 year Shemitah cycle, which officially ends 9/26, to add but more intrigue.
Message 33927390
See next post for a corresponding wave analysis, will post later this evening or tomorrow. Takes time. I am aged and get tired.
The possibility exists that each astro segment within a turn on the composite represents a wave. As noted on the chart. Been trying to figure this out for a long time.
So this is a real live test we have going here. Can't wait for the next two weeks to unfold.
PS. No cannabis in my house. A few bottles of wine. Dead sober at the moment. Been interested in this astro for a decent spell, so I mess with it as time allows. The holy grail here? I doubt it. Market is too smart. Besides waving is involved, which is difficult with foresight at best. And cycles, well might even be worse to figure out. So many possibilities.
Tweets
Mostly described above. Few more tidbits. Vertical gridlines are 7 days apart. Start at beginning of each month. Each segment noted represents a possible impulse wave, for an assumed C wave down still in process. The correctives for this wave in process have so far been very short, encompassed within the turn. The Dow turns hit the turns on the composite with very good repeatability, awa many of the trigger
cycle turns.
This is the cycle analysis for the Dow.
- A big 9 yr cycle low and reset is assumed to have hit March 2020 low.
- A very prominent cycle is the 18 month cycle, off the 9 yr cycle low, the next 18 month cycle low hit in Sept. 2021. The next one comes up in March 2023. I still believe we are in rising market, so the March 2023 18 month bottom should be higher.
- There are subsets of the 18 month cycle, the 9 month, 6 month, the 3 month.
- Current 9 month cycle is rising. Hit last low in June 2020.
- 6 month and 3 month have coincident lows coming up, you got it, about middle of Sept. Since the 9 month is rising, one might expect a double bottom, worst case. We see. Will that 9/16 special astro turn coincide with a near double bottom, and cycle turn? That is the question.
 |
