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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (54969)	8/4/2019 7:30:42 PM
From: Woody	Read Replies (4) \| Respond to of 79230

Interesting concept you have there Mr Professor so I went back, way back, back to when the only people that existed were the troglodytes. The first SPX trick I found was 07/31/64 and the trick signal happened 5 months later and only using the first hitch peak yer TC happened on 10/29/65. Notice what happened after. The next one was 04/29/83 and the TS ( trick signal) was 08/31/84 some 16 months later. Notice trend before the signal and after. Next was 06/28/96 and TS was 05/30/97 with TC happening around 01/31/01. The ones you charted starting with 02/27/04 then 01/31/07, 05/31/13 and lastly 01/31/18. The thing I noticed was if the TS happened within 13 months or less and ideally 8 months or less the market trend was up before the trick and after. But generally if it took more than 13 months, the market went lower into the TC and the TS. Now add a 4-3-2 stochastic and look at where it was in relation to the TS. We had a chance in April for a signal but it did not happen. Now notice the 4-3-2 in all the past tricks along with this month and I ask are we in the same position as we were on 11/30/07 ? Woody