Chaos Clinic Recap
Here are Al's comments
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Did Santa Deliver S&P Coal?
Chaos Clinic For 2/15/2019
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The Santa Claus rally in the S&P may be ending. The economic news,
released on Valentine's Day, that December retail sales fell 1.2% in
December stopped the Santa Claus rally in its tracks. It was the
biggest plunge in nine years. Seems that Santa was delivering lumps of coal.
This chart shows the S&P since its Fireball Top in September, 2018.
From that top, the S&P declined in 7 moves into a low on December 26th.
This completed a down Chaos Clamshell. The decline was 635 points in
96 days. That is about 1.75 (7/4) circles of 360 in 1/4 of a year.
Since that low, the Santa Claus rally has moved up 446 points in 50 days
so far. That is about 3/2 of a circle in price, and 1/7 of a year in time.
My ZD36 energy forecast is suggesting a top near the 21st of February,
but a turn can come early. In Dece3mber, ZD36 was suggesting a low near
December 31st, but it came 5 days earlier.
The chart shows a possible 7 moves up in the Santa Claus rally. With Monday
being a US holiday, the S&P may hold up into next week. Right now the
rainbow (1.5, 3, 6, 12, and 24 days) of EXMA's is mostly up, with only the
1.5 and 3 day turning down. Watch for the possibility that the others turn
down next week. Such a downturn would mark the end of the move 2 of 7 in
a much larger down Chaos Clamshell.
You can learn more about Chaos Clamshells in the free course, "Trading The
Chaos Clamshell, linked on the Courses page
at http://Moneytide.com.
Besides the comments made by Al, the chat room has live
comments from other traders who sometimes share their views,
trades and tips. Below are the chat room comments from this clinic
2/15/2019 1:36:34 PM MT Al****:: I'm done as well. Everyone have a good weekend.
2/15/2019 12:59:10 PM MT kwc:: Thanks Al, off to play some hockey
2/15/2019 11:58:17 AM MT BOG****:: Sorry that is the xgo chart.
2/15/2019 11:57:07 AM MT BOG****:: Dr. Al, I just sent you my ZD36 chart by email.
2/15/2019 10:51:31 AM MT Al****:: this is one of those days when prices run up into the normal session and die; I have placed a Fractal pf Pi chart in the Certified Chaos Trader's Room that explains why. That room is open
to graduates of my 4 main courses. See http://moneytide.com -> Courses for details.
eMylar Fractal of Pi overlays help you be patient, since they show you future potential moves.
The best bargain in my courses is to take the Cash In On Chaos and Fractal of Pi courses and
learn to use the FOP overlay. Then take Chaos Trading Made Easy, and finish with Face Of God.
2/15/2019 10:46:41 AM MT Al****:: thanks GON; yeah, a lot of us don't sleep well. I tried the grounding pads from grounding.com on Amazon-come with the book and a DVD; got a call as well from Larry Pesavento re sleep
2/15/2019 9:59:52 AM MT gon:: Aux article published, many thanks!
2/15/2019 9:58:11 AM MT gon:: Hi Al, thanks for the "Grounded" book recommendation! I too don't sleep to well.
2/15/2019 9:29:55 AM MT jvj****:: Good morning everyone.
2/15/2019 9:27:51 AM MT kwc:: I did take a sell in the Naz and worked out well. How long do You think this down move may last...
2/15/2019 8:52:19 AM MT Al****:: RR: a pass for me-no sell because 110 EXMA up, but move is extended from earlier
2/15/2019 8:50:57 AM MT Al****:: BOG: m10-551-777 Teamviewer has my ZD36 NinjaTrader7 chart.
2/15/2019 8:35:24 AM MT Al****:: BOG: there are no osciallations in the NinjaTrader software chart if you do a daily chart setting the "Equidistant bar spacing" parameter
2/15/2019 8:32:24 AM MT RR:: Dr. Al, @10:36, do you buy or sell signal?
2/15/2019 8:24:56 AM MT RR:: GM all
2/15/2019 8:05:02 AM MT BOG****:: Good Morning Dr. Al, I was out most of yesterday so I did not see the updates Z36 Chart yesterday. But, I would like to know how I can get my charts to look like yours ( not in Ninja 7), for I am not happy with the charts as oscillations. When I bought the software, I bought it with the knowledge that it will look like yours. I have never seen the Ninja 7 version or else I would not have bought it.Thanks
2/15/2019 7:20:46 AM MT kwc:: Good Morning Al(l)
2/15/2019 6:02:50 AM MT Al****:: GTM all; good luck today. Chaos Clinic is on the AUX page.
9:00 Eastern-System: No comments
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