Chaos Clinic Recap
Here are Al's comments
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Major Top May Be In Place In The S&P
Chaos Clinic for March 29, 2019
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Over the past ten trading days, the S&P 500 has made two technical patterns which suggest
a major top may be in place.
As shown on this chart,the S&P rallied from March 8th to March 21st, forming a Rising
Wedge pattern. Then on March 22nd, prices dropped sharply, to make a lower daily low.
From that point until present, the S&P has formed an Andrews Pitchfork pattern.
During the formation of this top, the 6 day EXMA had turned down, but not sharply.
Prices need to decline further to confirm this top. If this happens, a decline to
the vicinity of 2700 is possible.
The S&P all time high was near the Fall Equinox of 2018. The move 1 down ran just
past the Winter Solstice of 2018. The move 2 up, if this top holds, ran into the
Spring Equinox of 2019. This is an example of a natural seasonal cycle.
A move 3 down, by extension, would run into the Summer Solstice of 2019. If this pattern
does develop, the S&P can be expected to make 7 moves in a down Chaos Clamshell.
To learn more about Chaos Clamshells, I suggest my Cash In On Chaos course,
available at 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
3/29/2019 1:31:57 PM MT Al****:: swing traders/programs sold the Andrews Pitchfork
3/29/2019 1:28:12 PM MT Al****:: from the high, I see 1, 2, 3, and 4. 4 peak was 8 calendar days from the high.
3/29/2019 1:16:33 PM MT Al****:: that was a resonant peak in the astro energy
right hand edge of a one day fireball top
3/29/2019 1:13:47 PM MT Al****:: head fake blow off
3/29/2019 12:57:06 PM MT gg:: It did it.
3/29/2019 12:25:01 PM MT gg:: Looks to be leading to a break upwards into Monday
3/29/2019 11:52:57 AM MT Al****:: I think I'm done. Thanks for coming. See you next week. Take some courses.
3/29/2019 10:38:25 AM MT Al****:: LOL:) I have had many too, but never claiming to be me!
3/29/2019 10:38:19 AM MT jvj****:: By the way, I wasn't driving at the time.
3/29/2019 10:36:03 AM MT jvj****:: Al, had many calls during the past 5 years.
One day they called while I was riding in my car without a computer. Wasted about an hour of their time following their instructions to clean up my "computer" before they got wise and hung up
3/29/2019 10:30:49 AM MT Al****:: crazy-just had a call on my business phone spoofing MY NAME and claiming it was Microsoft calling! Obvious scam.
3/29/2019 10:23:11 AM MT rvb****:: Thanks RR I've been looking for some advice with EMF's so when you mentioned it I was very curious thanks
3/29/2019 10:18:34 AM MT Al****:: I have placed a Face Of God chart in the Certified Chaos Trader's Room. 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.
3/29/2019 10:14:21 AM MT jvj****:: Good morning everyone.
3/29/2019 9:55:39 AM MT Nella****:: seems to be tracking red -Tide
3/29/2019 9:50:44 AM MT RR:: rvb, sorry busy trading options.I've been utilizing MMT for past 10 year in conjunction with http://eminiforecaster.com/members/membersblog/forecaster.php
http://marketmaptrader.com/members/platform.php
EMF is weekly forecast from same group of traders.
doesn't need a lot reading and about 80% accuracy rate.
I'm not sure if you can open up the links.
3/29/2019 8:55:11 AM MT Al****:: I had the slope of the Andrews Pitchfork too steep
redraw it on your own chart using today's high and top
3/29/2019 8:42:21 AM MT Al****:: that also was the yellow vibration level on Secret->esNat360
3/29/2019 8:40:25 AM MT Al****:: that's because you've been in on the discussion in the chat room :)
a 50% retrace of the 3/22-25 drop is 2837.75; Flash Boys sold one tick below that
3/29/2019 8:27:43 AM MT rvb****:: Nice article Al but we already have that information.(ha)
3/29/2019 8:18:50 AM MT Al****:: Thanks GON
3/29/2019 8:12:25 AM MT gon:: Hello everyone. Al, today's AUX article is published as always: https://www.fxstreet.com/author/dr-al-larson-phd Many thanks!
3/29/2019 7:54:45 AM MT rvb****:: RR Yesterday afternoon I asked what your opinion was of Market map but you must have already left the room. You could send any information to me I'd appreciate it. bobbroug@gmail.com
3/29/2019 6:48:04 AM MT Al****:: GM all-good luck today
Chaos Clinic is posted on AUX page
I will be in and out today so responses to chat room may be delayed
3/29/2019 6:43:08 AM MT RR:: GM all.
9:00 Eastern-System: No comments
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