Chaos Clinic Recap
Here are Al's comments
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Is the S&P Setting Up for Another Powell-Trump-Dump?
Chaos Clinic for 9/12/2019
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In my 8/2/2019 Chaos Clinic, I showed how a FOMC meeting, followed by a Trump tweet,
triggered a S&P decline, just as it had in May. The S&P is now set up for another possible
third Powell-Trump-Dump.
This is shown on this daily chart of the S&P near futures. The Powel-Trump_Dumps are marked as PTD.
Also show is my ZD36 energy field forecast.
This forecast is made with my WinXGO software, which
first computes an XGO forecast, then filters it with a 36 day Zero Delay filter.
That forecast suggested a decline into late August, which did occur. The forecast rally is now underway,
Interestingly, it shows a peak on the second day of the FOMC meeting.
It is, of course speculation that Trump will follow the FOMC meeting with a tweet that tanks the market,
But then again, trading is about patterns, possibilities, and probabilities. Being alert for
a possibility is good, but any trade should confirmed by a rainbow of EXMAs. Should this turn occur.
the 1.5, 3, and 6 day EXMAs will be the first to turn down.
For more on my work, 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
9/13/2019 1:10:16 PM MT TG****:: 11:12 and 12:18 tide times were both highs. Seemed a little unlikely that the last time would be another high.
9/13/2019 12:42:19 PM MT MJ:: I think the SP500 will just chop sideways for a bit the phase of the 16 period 19 64 which are currently the strongest waves are approaching 90 but not there yet.
9/13/2019 12:23:57 PM MT TG****:: from the 11am high I see roughly 5 moves down a 6th up, 7 could be big or just a minor throwover and a rip up. the first couple of moves are pretty equidsistant, argues for a large final one but you never know.
9/13/2019 11:22:08 AM MT MJ:: the 16 period cycle and 10 have turned up both are phasing at 345 and 347 (270) is the low. They are both strong so we might get a push up
9/13/2019 10:45:25 AM MT TG****:: I think the contract changeover adds confusion. Some change on Thursday, some on Friday. Esignal changes its continuous contract over at the open Thursday night. Some of my charts look better using their continuous contract setup that way, others look better by changing everything over to the new contract. I sold just as the 15 was crossing the 20 to the downside using a sell stop just below the prior candle
9/13/2019 10:38:13 AM MT Al****:: I'm going to call it quits. Just no juice. Thanks for coming.
See you next week. Take some courses.
9/13/2019 10:26:18 AM MT Al****:: I think this thing needs an IV :)
too dull too daytrade
9/13/2019 10:17:55 AM MT Al****:: second trade time; flat as a pancake;
9/13/2019 10:11:48 AM MT Al****:: My last hospital stay was 19 years ago, so i figure it's a Nodal cycle thing :)
9/13/2019 9:56:34 AM MT Al****:: OMG, TG. Sorry to hear that. It is the sort of thing that requires immediate action. Fortunately my wife is a nurse and made sure I got seen. Then when I was the PA was a lady with 22 years experience and acted immediately. Gave me IV antibiotics, then sent me to the hospital. I'm blessed to have such good care.
9/13/2019 9:14:40 AM MT TG****:: Oh my goodness AL, glad to hear you are ok. My Aunt at 78 just passed from that same thing. Her infection went too far and damaged her kidneys and then her heart was suffering from very high potassium levels that lead to a heart attack. By the time she got to the hospital she did not respond well enough to the antibiotics to turn the situation around.
9/13/2019 8:43:54 AM MT Al****:: officially passing on first hotline trade-when it is not clear, stay out
9/13/2019 8:42:31 AM MT ska:: We should not just take any recommended herb blindly .Always take only a test dose first Individual body react individually to many chemicals in that herb
9/13/2019 8:20:38 AM MT Al****:: I didn't like a sell there because trade was going both sides of the nearly flat 220 EXMA
9/13/2019 8:14:40 AM MT Al****:: Sold off to the pivot, where flash boys may buy; still just watching
9/13/2019 8:04:18 AM MT Al****:: choppy on first trade time-waiting
9/13/2019 7:42:44 AM MT Al****:: I'm fine now. just got a reminder of how fast one can get sick. A simple UTI turned septic because I was away from home. Once that happened it was 4 days in hospital on IVs. That killed off the infection. Then I need a week to rebuild my energy. Thankfully I'm otherwise very healthy. At this age my wife says lunches are organ recitals :)
9/13/2019 7:32:26 AM MT jvj****:: Hi Al,Have been well. Taking some time away from your site while working on different trade methods. Too confusing to try to do both at same time. Hope to be back soon. Understand you had slight problem during your vacation, hope all OK now.
9/13/2019 7:20:23 AM MT Al****:: Hello Chandras; welcome back jvj. How have you been?
9/13/2019 7:09:37 AM MT Chandras:: Hi
9/13/2019 7:08:03 AM MT jvj****:: Good Morning Everyone!
9/13/2019 7:02:30 AM MT Al****:: Thanks GON.
9/13/2019 6:59:06 AM MT gon:: Thanks Al, article published.
9/13/2019 5:53:27 AM MT Al****:: I have placed a Chaos Trading MAde Easy 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.
9/13/2019 5:26:50 AM MT Al****:: 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.
9/13/2019 5:05:01 AM MT Al****:: GM all; good luck today
Chaos Clinic is posted on the AUX page
9:00 Eastern-System: No comments
[ Live Clinics on Friday on DaytradingForecasts.com ]