The S&P Needs a Ventilator
Chaos Clinic for 4/24/2020
This chart shows the micro eMini since the COVID-19 virus struck. The pattern
looks to be moves 1 and 2 of a down Chaos Clamshell.
Move 1 was 33 calendar days long, and move 2 is 25 days. The combined time is 58 days,
about 1/6th of a year. The S&P natal chart has a strong 6th harmonic pattern.
Also, 58/2 = 29 days, the synodic Moon cycle.
A time projection of 7 x 33 = 231 days gives October 7, 2020 for an end of fractal date.
Using 7x29 = 203 days, giving September 8, 2020 for a low. Interestingly, 203 is half
of the Jupiter Earth cycle. A study of the ephemeris suggests a 10/23/2020 possible low.
I do not think that will be the end of this. Before COVID-19 hit, analysts were worried about
a global economic slowdown. For nearly two months, most of the world's economy has been shut down.
This is a truly chaotic event. It will have long lasting effects.
Chaos Clamshells are taught in my Cash in On Chaos course.
A free online mini course called Trading The Chaos Clamshell
can be found at http://moneytide.com/hans/institute.asp<\a>
For more on my work, see Moneytide.com
4/24/2020 12:57:48 PM MT Al****:: Thanks. Everyone have a good weekend and stay safe.
4/24/2020 12:43:58 PM MT jbs****:: Thanks Al. Lot of good education today. Have a nice weekend and stay safe.
4/24/2020 12:43:42 PM MT Al****:: BEW: you are right about the risk of a second trade. Lucky to get one today, so take it, give thanks, and enjoy.
4/24/2020 12:41:25 PM MT Al****:: sold on 2821 limit-done for the day. Thanks for coming. See you next week. Take some courses.
4/24/2020 12:36:46 PM MT Al****:: stop can now be moved up to 2811.5
4/24/2020 12:31:48 PM MT Al****:: stop held; wait for target or get stopped
4/24/2020 12:13:56 PM MT Al****:: one has to be very careful to not change your mind about a trade; this is a day trade, and has nothing to do with my longer term outlook. Right now I just manage the trade.
4/24/2020 12:13:48 PM MT bew:: Al, I was just going to ask if there should be a next trade a continuation trade would seem risky and the ema are all + at the moment
4/24/2020 12:09:28 PM MT Al****:: now a stop at 2810 locks in a profit
4/24/2020 12:04:19 PM MT Al****:: also, covering at the next trade time and quitting looks appropriate
4/24/2020 12:02:52 PM MT Al****:: here a sell limit at 2821 would insure a profit if hit
stop could move to 2803
4/24/2020 11:54:23 AM MT Al****:: buying was at the pivot, good chance to run to R1, 2821
4/24/2020 11:42:12 AM MT Al****:: so right here the 13:13 trade time has a continuation buy setup
a 2804 entry with a stop at 2797 is a $35 risk
4/24/2020 11:34:21 AM MT Al****:: the slope of the EXMAs gives a measure of the energy moving prices. Yesterday morning, the early fast rally has the EXMAs very steep. Lots of energy. Today EXMAs are basically flat. Low energy. The probability of a profit depends on the energy.
4/24/2020 11:23:18 AM MT Al****:: trading at the 2797 pivot. Every trade is a risk, so here you can calculate the risk of a sell. High was 2803. A stop at 2804 would be appropriate. If you sold the pivot your risk would be 7 points. In the MES contract, that is $35. So before you jump, write a check for that amount. If you don't want to write the check, don't trade.
4/24/2020 11:12:57 AM MT Al****:: on the third chart on the SPKiss page, that two day splice chart, you can watch for turns 24 hours and 50 minute after the prior day, because that is how far the Moon moves in a day.
you can also look for moves 27.5 hours later, the 24th harmonic of the sidereal Moon
4/24/2020 11:04:45 AM MT Al****:: agreed CLB
4/24/2020 11:02:10 AM MT clb****:: Probably true, but definitely more noise sometimes. Exchange near solar noon can mark a turning point sometimes.
4/24/2020 10:59:47 AM MT Al****:: nice jbs
4/24/2020 10:59:11 AM MT Al****:: I don't think there is any lunch break in NY these trying days
4/24/2020 10:58:32 AM MT jbs****:: Wow, I used a couple of CCT tools learned in the CTME and FOG courses to quickly cover on my long trade. Whether price goes up or down from here, I still made a small gain on the trade.
4/24/2020 10:56:30 AM MT clb****:: Too much back and fourth for me. I have noticed that around lunch break in New York, there is a bit more noise in the system with not as much follow through. I am going to wait a bit.
4/24/2020 10:52:56 AM MT Al****:: Chaos Clinic chart shows lift is from a Green Swan. Swans are like cross winds -the catch for a while, then prices fall off them. Here the lift suggests 13:13 is a Green Swan top. So I expec this little rally to fail.
4/24/2020 10:51:56 AM MT jbs****:: Gained + 2.25. Covered due to some indication from CCT tools. Price may be topping and ready to move down sharply, imo. I am a novice trader so please keep that in mind when you read my comments.
4/24/2020 10:49:05 AM MT jbs****:: covered at 01
4/24/2020 10:45:22 AM MT jbs****:: Nice breakout move long from 2798.75. I am targeting resistance levels 2806 to 2808.
4/24/2020 10:38:17 AM MT Al****:: on the Chaos Clinic chart, the bars are colored by the 15/20 minute EXMA crossings. There are many today - chop , stay out
4/24/2020 10:26:54 AM MT Al****:: who would have thought that all the nations in the world would cut their greenhouse gas emissions by 90% for two months? Or that we would see negative oil prices. We live in interesting times.
4/24/2020 10:23:44 AM MT Al****:: yes, CLB, that's what I see
4/24/2020 10:16:53 AM MT clb****:: I was looking at a 10 day 60 minute chart of ES. Volatility has been contracting since the overnight session on the 16th. Visually, you could draw a horizontal line at 2800. Price hasn't made it very far from there in over a week. Bigger move may be coming.
4/24/2020 9:48:02 AM MT Al****:: the third chart on the SPKiss page is a two day "8 hour spliced" chart - it is good for fitting today with yesterday's action
it is currently showing a slow decline
TO do the MoonTide trades you need to set up a chart like this in whatever trading software you use
you cannot safely trade just with the charts on this website
4/24/2020 9:20:26 AM MT Al****:: I have posted 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.
4/24/2020 9:15:07 AM MT jbs****:: I think Flash Boys are ready to move price back up now.
4/24/2020 9:13:08 AM MT Al****:: the charts on the Secret page are interesting here. The ESNar360 chart is showing trade at the white vibration level, with decaying swings. The portends a chaotic move coming
4/24/2020 7:57:56 AM MT Al****:: If my Clinic analysis proves out, there may be a good position trade in the SH S&P short Exchange Traded Fund; proceed at your own risk
4/24/2020 7:49:22 AM MT Al****:: amen to that CLB - hope you are staying safe
4/24/2020 7:46:52 AM MT clb****:: Anything outdoors to absorb some of this wonderful sunlight works for me.
4/24/2020 7:44:21 AM MT Al****:: my prescription for boredom is to walk around the house and yard and make a list of st the tasks I've been avoiding, then doing one whether I want to or not :)
4/24/2020 7:40:18 AM MT Al****:: today is a good example of how things can change from the overnight market to the normal session. Big houses can move the mark overnight in their "dark pools." Then they can go the other way when the normal session volume comes in. Dark pools are explained in the book, "Flash Boys", which every trader needs to read before risking a dime,
4/24/2020 7:36:45 AM MT jvj****:: BORING!, but safe. Hope you the same.
4/24/2020 7:35:26 AM MT Al****:: GM jvj: hope you are staying safe
4/24/2020 7:35:24 AM MT clb****:: Good morning everyone. Thanks for the chart on the AUX page. It is good to back in the clinic this morning.
4/24/2020 7:11:45 AM MT jvj****:: Good morning
4/24/2020 6:39:21 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
Recommended pages to watch are SPKISS, MTRainbow, and Chat.
For astro stuff, add SPSunMoon, Wheel, and Chaos Clinic.
Comments in the chat room are announced by a
"duck call" noise. This noise also occurs when the sofware 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 suscribers do not strictly trade the MoonTides, but use the charts on this
site as input to their own trading strategies. For example, the bottom chart on the SPKiss page is 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.
4/24/2020 6:16:47 AM MT Al****:: Technocrap, what would we do without it? Restarted charts
GM all-good luck today. Chaos Clinic posted on AUX page
4/24/2020 5:46:51 AM MT qq:: Charts not updating
9:00 Eastern-System: No comments
[ Live Clinics on Friday on DaytradingForecasts.com ]