**************************************************************************************
Elon Falls From The Top
Chaos Clinic for 1/13/2023
***************************************************************************************
This week's news reported that Elton Musk had suffered the largest drop
in personal wealth ever, due to the decline of his TSLA holding. He is no longer the
richest man in the world.
I warned of this decline in my 10/7/2022 Chaos Clinic.
I guess Elon was too busy trashing Twitter to read that clinic :)
This chart shows the current state of the decline. The 72 day EXMA is steady down as move 5 of 7 down is at work.
The decline will likely reach 90, or even 60. At 90, the drop from the high would be about 80 percent.
That's a pretty big drop in one's net worth!
For more on my work and to subscribe to Tomorrow's Market Email Hotline and access to daytradingforecasts.com see
Moneytide.com
Software to plot electric field flux lines in NinjaTrader is available at
energyfieldtrading.com
1/13/2023 10:01:07 AM MT Al****:: prices are in a trading range so I'm going to call it a day for the Chaos Clinic - have a good long weekend - take some courses
1/13/2023 9:33:16 AM MT Al****:: that flux line was hit 4 times yesterday so is pretty strong resistance
1/13/2023 8:35:14 AM MT Al****:: this bounce was stopped by the Moon -T135 flux
1/13/2023 7:44:26 AM MT Al****:: that red swan carried prices down to the Moon +T180 electric flux line, which now is support
1/13/2023 6:41:35 AM MT Al****:: on the right side of the ListOfCharts page is a link to [ MoonTides and Black Swans] which explains them
1/13/2023 6:38:29 AM MT Al****:: looks like Friday the 13th is unlucky for the bulls - look at the second chart on the Chaos Clinic page - a red swan caught prices
1/13/2023 6:29:58 AM MT Al****:: Good Morning visitors. Welcome to the Chaos Clinic.
The written Chaos Clinic is on the AUX page.
This site has a lot of charts,
so you may find it useful to have several of them available within your
browser. If you have a tabbed browser, you can open separate charts
in separate tabs by right clicking on any link, and selecting "open in new tab"
from the menu. The main list of site pages is at
http://daytradingforecasts.com/chartlistsec.asp
Recommended pages to watch are SPKISS, MTRainbow, and Chat.
For astro stuff, add SPSunMoon, Wheel, and Chaos Clinic.
A special set of Dr. Al's research charts are on the Secret page.
Comments in the chat room are announced by a
"duck call" noise. This noise also occurs when the software detects a
resonant hex pattern on the Wheel page. MoonTide trading tutorials
are on the right side of the ListOfCharts page. One should
read Trading the MoonTide Tutorial and Keep it Simple as a minimum.
Many subscribers do not strictly trade the MoonTides, but use the charts on this
site as input to their own trading strategies. For example, charts 5 and 6 on the
SPKiss page are a good starting point for swing traders.
Also on this site is the Certified Chaos Trader's Room. That room is open
to graduates of my 4 main courses. See http://moneytide.com -> Courses for details.
9:00 Eastern-System: No comments