End Game - 1/23-24 New Moon - Gann 180º - Square of 9 - Andrews Cluster - Hurst 20 week - Gartley 222 - Diametric Wave G
The whole symphony of systems seems to be pointing at the week of January 24 as the end of the correction from the May highs...
In addition to things I have been mentioning for late January such as the Gartley, there is a Gann 180 (182-3 days) from July 25 and an Equi-distant parallel from March/April 2010 which seems to align with an unfilled gap from October 10 at 1155-1158. 1155 is a .618 retrace of the 10/4-10/28 rally.
Square of 9 count from August 9 has been picking off the CIT's such as October 27-28 and December 7 highs. This January 24 date "should" also get picked off if we are lucky to be correct. Each of the diametric waves have been 18-20 trading days, January 24 is in the 18-20 trading day window.
Lots and lots of alignment here.....let's see if the SPX cooperates....
posted by chartblog at
3:40 PM
9 Comments:
Terry Laundry at T Theory is making a similar call in the same timeframe using his methods.
Stock markets globally start the year up strongly, as do E-minis in the first hour. Pattern morphs being seen in many places. Going to be interesting to see how this reconciles with widespread bearish outlooks for SPX through the 3rd week of Jan.
24/1 is full moon, not a new moon? The market is moving up non-stop.
Hi Dave, why do you use 8/9/11 as your low and not the 10/4/11 as your low in your square of nine calculation?
Frank, Im finding the best place to run square of 9 charts are from where Elliott patterns end/begin.
August 21, 2011 was end of some type of 5th wave of a large pattern and may be even better than August 9 and the date I should be using.
Jan 24 is coming up on both 8/9 and 8/21 charts.
Even though October 4 was a price low, I dont think it ended any type of significant long term Elliott pattern. October 4 was some type of minor b-wave fakeout.
As for 1/24......the cycles are definitely there for a low and today a likely fakeout....Sitting tight with small short position, seeing if this thing can reverse back to down.
Lets see what rest of day brings,
-Dave
8/21/2012 is giving two interesting near term dates of 1/6 and 1/12 which are aligning with moon cycles. (Low-High?)
8/21 chart nailed the 12/19 low.
http://www.mypivots.com/investment-calculators/gann-square-of-nine
Thanks Dave. I got it so the idea is to use confluence of target dates to nail down the turn dates correct? I tried 5/2/11 high, 10/4/11 low, and also per your suggestion 8/21/11 and a lot of these turn dates are more or less spot on with +/- 1 day discrepancy which is pretty amazing considering that what we know is probably still pretty fragmented based on what Gann knew himself :-)
This is an exciting field of study.
So you suggesting to use the end of wave 5/C or the beginning of wave 1/A to use the square of nine date calculation correct?
The Gann sequence off the 8/9/11 lows is picking off CIT local highs so far. Perhaps the 1/24/12 date is another local high given the way the market is trading recently.
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