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Powell Makes A Moon Shot
Chaos Clinic For 03/22/2024
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The large S&P rally on 3/20/2024 came as a surprise to many. A common view
was that the Fed would not change rates, and when Chairman Powell started
speaking, the market would tank. That did not happen. This chart helps
explain why. It is a version of the Secret->esnat72 chart found on daytradingforecasts.com.
Shown on the chart as horizontal lines are several natural vibration lines. There are
four lines, in white, yellow, green, and magenta. They repeat every 45 degrees.
There are also vertical lines marking various Moon cycles. These indicate time windows
where there may be higher than normal volatility. Often prices will shoot up or down
near these times.
Bars are colored by the crossings of the 36 and 220 minutes EXMAs.
The entire day up until the FOMC announcement was mostly a flat base. The two
MoonTide time showed small rallies, but nothing tradable. The base was on a white
natural vibration level.
When the announcement came, prices jumped up two levels, about 30 degrees. This jump
produced a 36/220 buy. Then prices sagged into the start of the press conference.
This dip found support on the 220 minute EXMA.
When the press conference started, the Powell Pump was on, helped by the extra energy
of the two Moon cycles; a Powell Moon Shot. By the time of the first Moon cycle,
prices had moved up 45 degrees. By the time of the second cycle prices moved
another 15 degrees, up 60 from the base. Prices closed on the top green level.
This was natural.
These news events have two parts. First is the news. Second is the reaction to the news.
That reaction often has more to do with the energy fields than any "logic." That was
the case here. Without those Moon cycles, it may have been another Powell pump and dump.
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
3/22/2024 11:20:08 AM MT Al****:: watch for possible late drop after 14:00
3/22/2024 11:17:16 AM MT Al****:: too quiet for me-calling it a day for the clinic-thanks for coming-see you next week
3/22/2024 10:43:48 AM MT Al****:: quiet decline is now curling the 2400 minute EXMA down, so it may continue
3/22/2024 10:10:23 AM MT Al****:: I have posted two Face Of God charts in the CCT Room
3/22/2024 8:29:10 AM MT Al****:: chart 3 on SPKISS shows weakness under the all time high
3/22/2024 8:13:00 AM MT qq:: Thanks Al.
3/22/2024 8:06:47 AM MT Al****:: restarted
3/22/2024 7:34:47 AM MT qq:: Still need a re-boot
3/22/2024 6:57:31 AM MT qq:: Charts need a restart.
3/22/2024 6:20:28 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.
3/22/2024 5:28:29 AM MT oag****:: Good morning everyone! Hope everyone has a prosperous day!
9:00 Eastern-System: No comments