Chaos Clinic Recap
Here are Al's comments
The S&P Tests The 2018 Fireball Top
Chaos Clinic for 4 26 2019
This week the S&P rallied sharply on Tuesday to test its 2018 top.
Since the peak on Tuesday, the S&P has struggled to go higher.
I believe it will go higher, as early as next week.
This chart show why I believe that. It shows the dramatic 2018 fourth
quarter decline. It basically ran from the fall equinox to the winter
solstice. That led me to think it might turn down on the spring equinox
in March. It did slow a bit, but April began with a gap up, and prices
have continued upward.
I like to track markets with a rainbow of exponential moving averages.
This chart has a 12 day (yellow), a 24 day (cyan), and a 36 day (white).
As popularized by Gerald Appel in the MACD indicator, these averages
converge near turns, then diverge.
Near the 2018 top, these 3 averages were tightly converged. As the market
started down, they diverged. On each rally, they converged a bit, then
diverged. At the Santa Spike Bottom, they reached maximum divergence.
On January 4, 2019, the 12 day turned up, being penetrated vertically by price.
By early February, the EXMAs had all turned up, establing an uptrend.
As the 2018 top is being tested, all three averages are spread evenly, and up.
They are not showing a downturn. Higher prices lie ahead.
As this top was approached, I noticed congestion near 2916. I recognized it as
the square of 54. Squares of numbers show up in energy fields because the power
in an electrical circuit is the square of the current. I have drawn horizontal
lines for numbers 48 through 55. Note how in the decline, prices vibrated between
53 squared (2809) and 51 squared (2601). The 12 day EXMA turned up at 50 squared(2500).
It crossed the 36 day EXMA at 51 squared (2601). The rally stalled at 53 squared,
pulled back to the 36 day EXMA, got above 53 squared, found support on the 24 day EXMA,
and rallied up to 54 squared. It now looks poised to run up to the next level
at 55 squared (3025).
This analysis means that the large down Chaos Clamshell scenario is no longer viable.
That does not mean it will not come, just not now.
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
4/26/2019 1:59:33 PM MT Al****:: everyone have a great weekend.
4/26/2019 1:59:04 PM MT Al****:: covered my RTY trade for $431 as shown on the AUX page
4/26/2019 1:51:16 PM MT Al****:: auto trader covered 2947.5 for +6
4/26/2019 1:36:01 PM MT Al****:: swing and position traders could hold with a stop under today's low. Day traders should cover on close.
4/26/2019 1:06:43 PM MT Al****:: R2 and R3 are possible 2947 and 2948
4/26/2019 1:02:44 PM MT Al****:: OK, there we go
4/26/2019 1:00:15 PM MT Al****:: it's not over til the fat lady sings-hold to close
4/26/2019 12:23:53 PM MT Al****:: my auto trader went long at 2931.5 stop 2926 cover 2946.5
4/26/2019 12:19:57 PM MT Al****:: that will break yesterday's high
4/26/2019 12:18:01 PM MT Al****:: esNat72 suggests rally to 2937.5 or more
4/26/2019 12:11:23 PM MT Al****:: just bounced off the white level on esNat72 at trade time; waiting for autotrader to buy
4/26/2019 12:01:07 PM MT Al****:: you are welcome GON. On Moneytide.com home page is a link to Best Talk Ever, which gives much more.
4/26/2019 11:56:28 AM MT gon:: Thanks Al for the astro explanations!
4/26/2019 11:35:08 AM MT Al****:: looks like my ES auto trader may buy the second MoonTide trade time
4/26/2019 11:20:10 AM MT Al****:: I have placed a Face Of God RTY 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.
4/26/2019 11:15:12 AM MT Al****:: my ES auto trader covered for 0 , but my RTX trade is intact
4/26/2019 11:10:31 AM MT Al****:: I have not found retrograde/direct of outer planets very useful.
It is a geocentric line of sight thing. Energetically, planet's
electric fields work through the Sun, and their effects show up much better using a heliocentric ephemeris. As the energy flows from Sun to Earth, the Moon, Mercury, and Venus affect the "focusing" of energy, so their geo movements do show up.
4/26/2019 10:52:21 AM MT gon:: Thanks Al! Some sources are poinying to Monday’s 4/29 AC Saturn Retrograde, saying market could reach some extreme. If it rallies back to the recent highs, this could set up for a big down move in May. And a decline into Saturn Retrograde could be a low, leading to a big rally.
4/26/2019 10:21:31 AM MT Al****:: I have a live trade going in the RTY right now-place a second chart on the AUX page
4/26/2019 10:18:02 AM MT Al****:: one can also trade other vehicles such as the Russel RTY (on Interactive Brokers), which requires less margin than the ES S&P mini
4/26/2019 10:09:45 AM MT Al****:: on secret ->esnat72 rallies are 3 levels, pullbacks 1
4/26/2019 9:53:31 AM MT Al****:: moves on the esNat360 chart usually go 45 points to the next same color level; magenta 2920+45=2965, not necessarily today
4/26/2019 9:22:37 AM MT Al****:: I just had an auto trader buy 2931
4/26/2019 9:02:31 AM MT Al****:: on the Secret -> Daniel chart you can see the influence of both down and up electric field flux lines
looking ahead to Monday there is a magenta starburst, which is a Chaotic Strange Attractor/Strange repellor
On the Secret->esNat360 chart trade is along the yellow vibration level after turning up from the magenta level
4/26/2019 8:52:04 AM MT gon:: Ok, I see.
4/26/2019 8:49:48 AM MT Al****:: ZD 36 is basically up into about 5/23 then down into about 8/20
4/26/2019 8:36:56 AM MT gon:: Isn't the major cycle ZGO forecast down into summer 2019?
4/26/2019 8:18:59 AM MT Al****:: Thanks GON
4/26/2019 8:05:11 AM MT gon:: published*
4/26/2019 8:04:50 AM MT gon:: Article publishes as always: https://www.fxstreet.com/analysis/the-sp-tests-the-2018-fireball-top-201904261402
4/26/2019 8:04:34 AM MT gon:: Hi Al! Glad to know your wife is making progress.
4/26/2019 7:54:05 AM MT Al****:: my wife is doing fine-gets her cast off Monday, then on to the next phase-she's anxious to get out of her wheel chair. Thank for asking.
Weather is beautiful today.
4/26/2019 7:38:53 AM MT bbb****:: Hey Al, how is your wife? Weather still crazy up there?
4/26/2019 7:12:30 AM MT Al****:: GM all, good luck today
Chaos Clinic is posted on the AUX page
I will be in and out today, so do not expect instant
responses to questions in the chat room. Have a good day.
9:00 Eastern-System: No comments
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