Chaos Clinic Recap
Here are Al's comments
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Gold May Be Starting A Major Move
Chaos Clinic For 5/31/2019
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Gold has been in a congestion since late February. That congestion now looks to have ended.
This 8 hour bar chart is for the gold Exchange Traded Fund, GLD. Gold futures prices are ten times larger.
Since the August 18th 2018 low, gold has now made a major move 1 and 2, as shown by the green boxed numbers.
Moves within these major moves are numbered in white. Major move 1 is a Chaos Clamshell. Within it, move 5 expanded
into its own 7 move Chaos Clamshell as shown in the small red boxed numbers.
Move 1 ran for 16.2 points. Move 2 was 7.66 point, about a 47% retracement. Treating these moves as
A and B of a simple ABC, and using the common projection of A=C suggests a target price of 135.75.
From the 8/16/2018 low to the 4/23/2019 low is 250 calendar days for two of the 7 moves in a Chaos Clamshell.
That would project 875 days for the complete pattern, reaching to 1/7/2021.
More details of the development of this pattern can be tracked by overlaying my Fractal of Pi pattern,
from my course by the same name. This course is a sequel to my Cash In On Chaos course. This pair of courses
are a good starting point for learning how chaos works in markets.
To learn more see
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
5/31/2019 12:32:51 PM MT nella****:: posted Face of God chart in CCT Rooo
5/31/2019 12:21:22 PM MT nella****:: nice sell on the EXMAs
5/31/2019 12:02:01 PM MT Al****:: I'm done for the day. Need to leave. Thanks for coming. See you next week. Take some courses.
5/31/2019 11:55:58 AM MT clb****:: It looks like a textbook ABC correction. If there is enough momentum to get past S2 before it gets too late in the afternoon, 2774 is possible.
5/31/2019 11:54:02 AM MT ff:: STZ owns Corona. It took a hit of 8% down this AM after Tariff on Mexico announced
5/31/2019 11:52:47 AM MT ff:: Thanks Al
5/31/2019 11:48:22 AM MT Al****:: on the Secret->esNat72 chart.low was on a green vibration. Rally went 2 greens. Then got a 2/3 pullback to the white. Next white is S2/S3 area.
5/31/2019 11:44:54 AM MT Al****:: nice job ff; Fridays often have all the juice early, then all the big players head for the Hamptons
5/31/2019 11:41:00 AM MT ff:: Boring market. Out with small profit.
5/31/2019 11:40:54 AM MT Al****:: thank clb. You do good work.
5/31/2019 11:26:39 AM MT clb****:: BOG, I got it posted.
5/31/2019 11:24:46 AM MT ss:: ok thanks
5/31/2019 11:22:33 AM MT Al****:: please post it clb . I've used the AUX page already
5/31/2019 11:20:32 AM MT clb****:: BOG, I have a daily chart of SPY with ZD36 overlaid. Do you want me to post it in the CCT room?
5/31/2019 11:15:08 AM MT clb****:: BOG, where was it posted?
5/31/2019 11:13:25 AM MT BOG****:: Dr. Al, please sorry to bother you, can you repost the ZD 36 chart, I did not look yesterday until after hrs. Thanks
5/31/2019 11:12:09 AM MT ff:: Took a small long a moment ago.
5/31/2019 11:12:07 AM MT clb****:: ss, The Sun transit acts like a magnet for swings. The exchange just passed solar noon, and price is trying to rally. After a decline to the Sun Transit, and near overnight suppost, I am cautious about selling at this level.
5/31/2019 11:10:20 AM MT Al****:: patterns can help you make this decision. If this is a B of an ABC
there could be another rally. If in doubt, stay out.
5/31/2019 11:06:43 AM MT Al****:: ss: the bars on the third chart on the SPKiss page are colored by the 20 minute EXMA crossing the 110. They are magenta, for short.
What you have to decide is whether on not there is enough momentum to get 5 to 9 points if you take the trade, or if you should pass.
5/31/2019 11:04:44 AM MT clb****:: Yes, that's probably true. If the B wave is ending soon, I have a price target of 2774 this afternoon. We are at overnight support now, so just waiting to see what reaction we get. It could change quickly.
5/31/2019 11:02:03 AM MT ff:: I doubt the gap will be filled today. It could be a nasty down on Monday with the Mexico Tariffs looming.
5/31/2019 10:58:01 AM MT ss:: a little confused...whats the trade a short here?
5/31/2019 10:39:47 AM MT Al****:: this week I added a chart to the quick links at the top of most pages-the SPSunMoon chart-you can see that Exchange transit Venus on it. It also shows a Moon/Mercury transit near 13:40 Eastern.
5/31/2019 10:26:50 AM MT clb****:: It is possible that this is wave B of an ABC correction.
5/31/2019 10:24:35 AM MT clb****:: The peak @ 11:33 ET was a price to time move at the Venus transit. Reversed the next 3 minute bar.
5/31/2019 10:02:17 AM MT Al****:: nice job ff. Personally not day trading today due to having company.
5/31/2019 10:00:37 AM MT Al****:: try figuring out how 2048 people are going to interact at all times :)
5/31/2019 9:59:42 AM MT Al****:: it does indeed get complex. The more bodies, the more interactions.
Mathematically, the number on interactions of N bodies is 2 to the
N-1 the power. For 12 bodies in my equations, that/s 2048 interactions.
5/31/2019 9:53:45 AM MT ff:: Took profit on long a while ago. Waiting for dip or next leg up.
5/31/2019 9:51:15 AM MT mjh:: That's fine Al no offence taken, and of course the sun and moon are different but somehow it works. But its not just the sun and moon and earth, it gets pretty complex.
5/31/2019 9:50:16 AM MT Al****:: yes, that first time was good. RR jumped on it. The Flash Boys bought R4, having sold the pivot late yesterday. The 3rd chart on the SPKiss page changed bar colors about 2763. Prices are now flattening, so one should tighten stops or take profits.
5/31/2019 9:44:08 AM MT Al****:: MJ: I should'n have poked fun at your historical cycle analogs
they can be useful. I've used them. Ones based on harmonics of 360 degrees in a circle have been noticed by many. I find that they help, but they are not exact to the day because of differences
of positions of the Moon and inner planets. They tend to smear the turns.
5/31/2019 9:34:22 AM MT clb****:: The first trade time only missed the mark by 3 minutes on my chart. Only 1 lower candle to the left. Very nice
5/31/2019 9:32:57 AM MT clb****:: Thanks. That makes some sense. Combined harmonics can either increase or decrease. It does make me want to cycles with Earth, Moon and Sun.
5/31/2019 9:27:09 AM MT Al****:: any system of more than two bodies is chaotic, which means pure cycles only exist in theory. As they interact, the law ofd conservation of energy requires that they adjust to each other at critical times. This creates those inversions. Many earth linked cycles invert near the eclipses, when the Earth, Sun , and Moon have their most tightly coupled interaction.
5/31/2019 9:11:57 AM MT clb****:: gon, I forgot about that. I need to dig that article up, and read it again.
5/31/2019 9:06:46 AM MT gon:: Al, don't know if you want to mention your material on the Overflight. The next date is next week and it comes only every 400 days aprox. Perhaps folks here want to check the material on the catalogue page and if tells us a little bit about it.
5/31/2019 8:59:27 AM MT clb****:: Thanks, Dr. Larson. I have been looking at it over the years, and have found it very interesting. When you find out how to predict when the forecast inverts, you will hold the keys. Inversions in cycles have always confused me as to their origins. I know that cycles can invert if the 3rd harmonic is present, or if the second harmonic is decreasing when examining cycle analysis.
5/31/2019 8:49:26 AM MT Al****:: xtide2 plus is an attempt to find a forecasting model between intraday MoonTides and daily charts XGO. Sometimes it is great,
other times it is not. The trick is to track ALL FORECASTS with a rainbow of EXMAs. I came up with XTide2Plus by asking questions about what to include using my dowsing chain.
5/31/2019 8:45:07 AM MT clb****:: bew, that is Dr. Larson's work. It is very interesting.
5/31/2019 8:43:24 AM MT bew:: oh, it is xtide2plus
5/31/2019 8:43:05 AM MT Al****:: Thanks clb. Nice chart.
The Certified Chaos Trader's 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.
5/31/2019 8:42:34 AM MT bew:: the charts on the following page http://daytradingforecasts.com/spxtide2.asp what is the purple line?
5/31/2019 8:34:18 AM MT clb****:: Good morning everyone. I just posted a chart to the CCT chat room for CCT traders, if anyone is interested.
5/31/2019 8:32:33 AM MT mj:: Sorry AL I meant 1929 a 90 year cycle repeat
5/31/2019 8:27:06 AM MT Al****:: but then, I don't remember 1920 all that well :)
5/31/2019 8:25:44 AM MT Al****:: MJ-nothing I have says that
5/31/2019 8:22:25 AM MT mj:: Al what do you think of the sp500 fall ending today, similar to 1920
5/31/2019 8:17:56 AM MT Al****:: Good Morning. Welcome to the Chaos Clinic. 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 SPSunMoonMer, Wheel, and Chaos Clinic.
Chaos clinic comments appear at the bottom of the SPKISS, MTRainbow,
and ChaosClinic pages. 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. 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.
5/31/2019 8:12:23 AM MT ss:: or do you stay long until 12:54?
5/31/2019 8:09:30 AM MT Al****:: thanks GON. You are a good man.
5/31/2019 8:08:29 AM MT ss:: Is there a price objective for this long
5/31/2019 8:02:39 AM MT gon:: Sure, posted as always ;-)
5/31/2019 7:48:32 AM MT RR:: Here is the BUY time.
5/31/2019 7:47:10 AM MT RR:: GM all.
5/31/2019 7:41:32 AM MT Al****:: welcome GON. hope you are posting it
5/31/2019 7:39:50 AM MT Al****:: re the EURO: it did not turn up at the cycle point, The nex cycle point is mid July.
The key part of what I said was this:
Shown on this chart are a red 100 day and blue 200
day EXMAs. Traders should add others, such as a 50, 25, and 12.
An upturn should be confirmed by upturns in the rainbow of EXMA's.
It's like going on a picnic. Weather is forecast to be good, but one needs to
look out the window for confirmation.
5/31/2019 7:29:22 AM MT gon:: Thanks Al for the analysis!
5/31/2019 7:11:04 AM MT ff:: POTUS Tweet: Donald J. Trump @realDonaldTrump On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration problem is remedied,.. Donald J. Trump ? @realDonaldTrump ....at which time the Tariffs will be removed. Details from the White House to follow.
5/31/2019 7:10:17 AM MT ff:: Sure wish I had listened closer to Pres Trump yesterday AM about big news regarding border/Mexico. I wish I had bought more puts.
5/31/2019 6:56:59 AM MT SRT:: Hi AL from your Chaos clinic of MAr1 Eur Rally can you post some comments on eur progress?
5/31/2019 6:47:04 AM MT Al****:: GM all. Good luck luck today.
Chaos clinic is posted on AUX page.
9:00 Eastern-System: No comments
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