Timing Is Everything? - Part 2
September 30th...
These critical inflection points, along with the markets reaction to such have been Nattered about at length. In particular...
on August 13th in Timing Is Everything?; on July 18th in Dark Side of The Moon? Part 2; on July 17th in Dark Side Of The Moon?, and on July 3rd - Ruckus Premium? (Quarter End) from which...
Patterns? Waves? Month end, Q end and Golden Week liquidity hoarding did not slow this down much. Or did it just set the stage?
Where? Retro check a DAILY NAS FUTURES current contract chart.
What? Last peak 08/30, prior 07/25, coincidence? Go back at least 18 months, filter out the small chops and measure the drops and duration.
When? Now look at calendar, notice a more or less steady five week duration between major peak dates. See the pattern for what it is, and know that Thurs Oct 4th is coming up.
At the moment 10/01 new peak 7728, since dropping 100 pts. Couple of days chop and sideways flag wave till Thurs? OR this "cycle" may have started three days early after Italian budget, bond, Euro debacle?
R2K may already be tipping the hand? An overall eight trading day drop would put us on Mon. Oct 16th. Sounds like a familiar date to me, TBD. Watch Bonds and the Dollar for signs.
October 3rd, B is For Bob commented...
On October 4th, 12:32PM EST B is For Bob commented...
in Timing Is Everything - Part 3, stay tuned, no flippin.
Recommended reading:
Ruckus Premium? (Quarter End)
Dark Side Of The Moon?
Dark Side of The Moon? Part 2
Timing Is Everything?
From Salmo Trutta:
The Dark Side Of The Moon: The Seasonal Clock
The Darker Side Of The Moon
Still looking for Oct. 15th bottom. - Salmo TruttaSalmo's comment goes to the 6th seasonal inflection point in monetary flows, which our Mentor has schooled us on numerous times.
These critical inflection points, along with the markets reaction to such have been Nattered about at length. In particular...
on August 13th in Timing Is Everything?; on July 18th in Dark Side of The Moon? Part 2; on July 17th in Dark Side Of The Moon?, and on July 3rd - Ruckus Premium? (Quarter End) from which...
The prescience of your (Salmo's) axiomatic observations will pay those who took the time to understand, and connect the dots, even greater dividend later this year.On that note, our prescient October 2nd Nattering at Seeking Alpha....
Patterns? Waves? Month end, Q end and Golden Week liquidity hoarding did not slow this down much. Or did it just set the stage?
Where? Retro check a DAILY NAS FUTURES current contract chart.
What? Last peak 08/30, prior 07/25, coincidence? Go back at least 18 months, filter out the small chops and measure the drops and duration.
When? Now look at calendar, notice a more or less steady five week duration between major peak dates. See the pattern for what it is, and know that Thurs Oct 4th is coming up.
At the moment 10/01 new peak 7728, since dropping 100 pts. Couple of days chop and sideways flag wave till Thurs? OR this "cycle" may have started three days early after Italian budget, bond, Euro debacle?
R2K may already be tipping the hand? An overall eight trading day drop would put us on Mon. Oct 16th. Sounds like a familiar date to me, TBD. Watch Bonds and the Dollar for signs.
October 3rd, B is For Bob commented...
For anyone trading ES /S&P 500 - I personally prefer trading SPY as a proxy. As long as she holds above 2940 you can consider a medium-term bottom being in place. It would have to break down back below there to suggest a test of 2920s then 2900 again.
Naybob pointed out an interesting pattern indicating October 4th as a potential peaking area for many US indices, so we shall see how markets react tomorrow and Friday. Cheers!
On October 4th, 12:32PM EST B is For Bob commented...
You're the man Naybob!The Nattering One muses... as of Monday October 8th PRE market, a 381 point dip from 7728 to 7347. More to come???....
in Timing Is Everything - Part 3, stay tuned, no flippin.
Recommended reading:
Ruckus Premium? (Quarter End)
Dark Side Of The Moon?
Dark Side of The Moon? Part 2
Timing Is Everything?
From Salmo Trutta:
The Dark Side Of The Moon: The Seasonal Clock
The Darker Side Of The Moon
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