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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Qone0 who wrote (80706)	7/24/2023 1:42:55 PM
From: Sun Tzu	1 Recommendation Recommended By The Ox Read Replies (1) \| Respond to of 97561

Why? Because HSI is not overbought enough? The lower indicator in this chart does volume analysis. Like all indicators, it is not foolproof, but it is right more often than it is wrong. Volume is toppy. It takes another couple of days for a solid signal. Of course, by then the Fed has spoken and a couple of megacap conf calls have happened. So it will be telling us the obvious. BTW, Wheat (ZW) is the best performing futures contract today.

To: Qone0 who wrote (80706)	9/28/2023 9:55:12 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 97561

I was going through some old posts/charts and I came across this post of yours. You see where you bearish pattern completes at SPY = 453.xx? That corresponds exactly to where my red line straightened out and I got a sell signal at 453.67 (you can read it off the Y axis written in the same shade of red). Your T1 maps to the redlines straightening out (I extended them for clarity). But it may go as low as the green line (~411 for the moment). And your T2 maps to the same place where the green line straightened out. What I am showing here is that the numbers between the two systems maps very very closely. A key difference is this: In the harmonic trading you draw the potential patterns ahead of time and wait to see if they work out or they are overrun and so on. In my case there is no presupposition. I know (based on the history) where the targets will be. But I don't know when/where the move will begin. It is completely dynamic. Now I suspect that if we were to play with the timeframes, most of the times some harmonic timeframe or volume based chart would correspond with what I have. But I don't have to switch timeframes and wait to see if/when they work out. I can pretty much automate the whole thing. One other thing, the indicator on the bottom is my version of RSI. In your chart, your HSI was fairly oversold at the completion, indicating that a down move was unlikely to happen at that time. In my case it was still rising but by the time that the sell point came, it had crossed the midpoint and was well on its way down. Both were saying the same thing, but one needs to know how to read them. PS I've included your chart from the post I am replying to so that you can see them in one place, but could also open your post in another tab and put them side by side. PPS We don't have the same time axis. Mine is more zoomed in. 000000000000 The Harmonic Chart