Welcome from Humble1 I want to thank Silicon Investor for this site. Nothing said or done here by me or anyone should be construed as trading or investment advice! I am not certified or qualified as an analyst or a financial adviser. I am a private trader who tries to make money swing trading the daily SPX bars and selected equities, with help from friends.
H1&STF is for discussions about Time and Price for use in swing trading the SPX and selected equities. I consider gold and silver coins a valuable long term holding to be accumulated during sharp sell offs. All charts and discussions concerning gold and silver are welcomed.
Your posts and comments are encouraged. Whether bull or bear, they will be appreciated. Swing trading means trading in both directions.
Absolutely no foul language, or faux foul language and related acronyms, of any kind.
Good Luck!
Fortuna Cornucopia
H1 Motto: In Utraque Fortuna Paratus
Astro Section
"As above ...
"... so below."
Some Merriman dates from his free site:
Shorter-term, we are focused on the transits unfolding April 7-18. These include the new moon in Aries on April 15, the same day that Mercury turns direct, and one day before heliocentric Mercury enters Sagittarius (April 16-27). The next two days will also find Saturn turning retrograde and the Sun conjunct Uranus for the last time in Aries. We would like to think that things will cool down, become more calm and mature, now that Mercury is about to end its retrograde trickery, but these transits suggest that will not be the case just yet. In fact, matters may not slow down and rhetoric may not return to a semblance of respect, until the mid-term elections are over, because Mars will enter a central time band that involves three passages in a square aspect to Uranus, due to the retrograde of Mars. This Mars/Uranus climate of chaos may extend from May 16 through September 18.
There is some hope for peace and relaxation too this summer, for Jupiter will complete its final two passages of a trine to Neptune on May 25 and August 19. It is a very strange spring and summer season, with cross currents between the psychotic chaos of Mars square Uranus, and the peaceful, gentle nature of Jupiter trine Neptune. I suspect stock markets will reflect these contradictory dynamics in kind, with a major cycle trough first, followed by another powerful rally into late summer, early fall – and then the show may be over.
Chart Gallery
JUNK!
Perspective Gallery
A Cup of Tea
Nan-in, a Japanese master during the Meiji era (1868-1912), received a university professor who came to inquire about Zen. Nan-in served tea. He poured his visitor's cup full, and then kept on pouring. The professor watched the overflow until he no longer could restrain himself. "It is overfull. No more will go in!" "Like this cup," Nan-in said, "you are full of your own opinions and speculations. How can I show you Zen unless you first empty your cup?" te esse hominem memento; mortalem te esse. memento mori. respice post te. nam mors indecepta!
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The H1 Case For SPX 3000
(Use your own charts to identify these key turns. At one point, a major ewaver identified 1344 as the peak of Wave 1 off of 666. Rounding is within one point.)
1. Fibo Extension
1074 <-> .328 <-> 1810 <.618-> 3000
2. Equal Waves
1074 -> 2134 = 917
2083 + 917 = 3000
3. Wave 5 = Wave1
666 -> 1344 = 678
2322 + 678 = 3000
4. Measured Move
1158 + 921 = 2079
2079 + 921 = 3000
5. Fibo 1.618
442 -> 1553 = 1111
1111 x 1.618 = 1798
1202 + 1798 = 3000
6. Root Phi Extension
2401 -> 2872 -> 3000
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"2018: Sell in May? Maybe no way!" (tm:h1): Astro, Seasonals, Lindsay Pattern, Ganniversaries, Spiral Calendar Hit, Long Range Fibo Hit (1929 + 89), Kress 36 Year Cycle, 9 Year Kress, Puetz 2 FMW (9/25) after SE (8/11)
"Maybe up, up, and away until the autumnal equinox." (tm: h1)
Ray Merriman might be spot on about the "powerful rally into the late summer, early fall- and then the show might be over." See the chart just above. This might be my fave scenario.
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H1 Pattern Recognition Bulletin
Whether you call it a pennant, a coil, or a triangle: this pattern is a classic and a beauty. It has been written about since the 1930's. I am using the 3/27/17 low of the parabola at 2322 as the starting point. It projects to SPX 3000, an H1 Confluence Target that I have been posting about using my own system. Other starting points will produce higher targets, but there is no reason to think about those until we see how SPX acts at 3000. Anything higher will have to be supported by seasonals, confluences, etc.
So, first things first. The first thing is SPX 3000!
investopedia.com
Dates on the watchlist. As always, chart pattern and price target confirmation are needed to make a trade.
* 5/25: mentioned earlier
* 7/9: LLH 2/9 -> 4/25 -> 7/9 and Jupiter stat + Ve -> Vi
* 7/13:
1. 2612 - 2533 = 79 = 5/25 + 79 c-days
2. solar eclipse in cancer.
3. 79 x 2.618 = 206 = 7/20/15-> 2/11/16
4. 55 trading days?
* 8/19: mentioned earlier
* September opex: mentioned earlier
* 12/6: 4/25 + 225, Me -> dir, new moon, mars c nep -1 |