Timing Is Everything? - Part 6

Following up on Timing Is Everything? - Part 5...  

Recap to date, in nine trading days between October 1st and 11th, a decline from 7728 to 6907 for -821 points or -10.6%, a decent prognostication? We think so.

Treading with extreme caution now. However, a sustained breach of ES 2765 signals that the bottom is in. But let's see what happens on Monday when (as Naybob pointed out) Sears declares bankruptcy - this event feels like quite the wild card. B For Bob - 11 Oct 2018, 08:35 PM

Followed by a bounce, in five trading days from October 11th through the 17th from 6907 to 7368 for +461 points or +6.6%.

Trains on time again. IAmTheWolf - 16 Oct 2018, 10:54 AM

At that moment it seemed so, followed by this prescient advisory...

The typical seasonal pattern, its rate-of-change, bottoms in Oct. But this year it doesn't bottom until November. Salmo Trutta  - 18 Oct 2018, 12:13 PM

Followed by a decline from October 17th at 7368, as of yesterdays open, a five day retrace to 7002 for -366 points or -4.8%, and the Nattering One mused...

Proximo - (our term of endearment for Salmo) Nas chart seems to just be starting 3 down in near term pattern started 7728. I hear those migrating birds (or Harpies?) squawking.

Maybe some are doing this....


All TBD. Nov 19th Super Bowl Preview.  Spaniard - 18 Oct 2018, 02:01 PM

The big question is, what happens if the current five day slide from 7368 is the start of a larger three down as noted above? 

Again... 

Seems we are at the precipice or magic 10% number, if 6950 breaks on high volume, then 6750, then 6500, then, the gates of hell open up wide... 11 Oct 2018, 07:53 AM

This is October, isn't it? If one was Hunting Red October? they may have found it? One ping only...



More to come in Timing Is Everything? Part 7, 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?
Timing Is Everything? - Part 2
Timing Is Everything? - Part 3
Timing Is Everything? - Part 4
Timing Is Everything? - Part 5

From Salmo Trutta:
The Dark Side Of The Moon: The Seasonal Clock
The Darker Side Of The Moon