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S&P Top Confirmed
Chaos Clinic For 12/20/2024
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Last week I showed the Astrophysics of a possible S&P top. With the dramatic
drop this Wednesday following the FOMC meeting, the top is confirmed.
For my hotline subscribers, I posted this chart on daytradingforecasts.com
on Tuesday, the 17th. I pointed out the Chaos Clamshell from early September,
with the moves numbered by the cyan 1-7. I also noted the curios fact
that the high in the March 25 contract was the Fib .618 times 10000.
With this drop in progress, an "equal time" balance of the 4 though 7 up move,
suggests a down move into 1/8/2025. A price target near the 4 up level
would be about 5780. A fractal forecast from the Fractal Of Pi
course using just the 12/18/2024 thrust suggests a target of 5586.
However, given the speed of this drop, that may be very conservative.
The new administration is already sparking chaos.
Progress on the daily chart can be monitored by watching the rainbow of EXMAs.
They are 147 days white, 73 days grey, 36 days cyan, and 18 days brown.
Proceed at your own risk.
For more on my work and to subscribe to Tomorrow's Market Email Hotline and access to daytradingforecasts.com see
Moneytide.com
Software to plot electric field flux lines in NinjaTrader is available at
energyfieldtrading.com
12/20/2024 11:38:45 AM MT Robert****:: Al is the best S&P trader in the world. Nobody has his track record. 97 points up today and 203 on the drop, excellence is all that can be said.
12/20/2024 11:17:10 AM MT Al****:: From here I think the market is down. I need to leave now so
I'll call it a day. Have a great holiday season. See you in January.
12/20/2024 11:02:00 AM MT Al****:: now you will note that the EXMAs are rising more slowly; this is "curl"
12/20/2024 10:59:33 AM MT Al****:: note that the high came exactly on the second MoonTide trade time
12/20/2024 10:49:22 AM MT Al****:: that rally was exactly 5 hours, or 300 minutes long. That is a harmonic 5/6 of a circle.
12/20/2024 10:37:02 AM MT Al****:: selling 6047 off a buy of 5950 was +97
12/20/2024 10:25:49 AM MT Al****:: Once you are comfortable with the basic chart 3, some of the other stuff may be useful. For example, today the Secret->senat72 chart shows the low on a white vibration line. The rally is almost up 3 more white levels. The levels are 45 degrees apart. 4 levels=180 degrees, which is probably a completed move.
12/20/2024 9:38:37 AM MT Al****:: So keep it simple. Take the time to set up you own chart like chart 3. Focus on what it tells you. All the other stuff on this site is supplemental to it.
12/20/2024 9:36:33 AM MT Al****:: Another tool one can use is the 36/220 EXMAs. The bars on many charts are colored by them.
12/20/2024 9:34:28 AM MT Al****:: so when do yo take profits? one can use the EXMAs as stop guides.
If you want to try to hold all day, use the 220. On a really fast move like this morning, use the 20.
12/20/2024 9:29:42 AM MT Al****:: the main chart for doing the MoonTide day trades is chart 3 on the SPKISS page. It is a "spliced time" chart using data from 6:15 to 16:15 Eastern. It has 4 EXMAS o9f 440, 220, 110, and 20 minutes.
Traders should look to take the 20/110 crossovers, qualified by the 220 and 440 being in the same direction as the 110. This morning the market opened down, then started turning up, as seen by the 20, 110, then 220, then 440 up. this was in the
+/-45 minute window of the first trad time, so a buy just above the 440 was indicated-about 5950.
12/20/2024 6:26:15 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
http://daytradingforecasts.com/chartlistsec.asp
Recommended pages to watch are SPKISS, MTRainbow, and Chat.
For astro stuff, add SPSunMoon, Wheel, and Chaos Clinic.
A special set of Dr. Al's research charts are on the Secret page.
Comments in the chat room are announced by a
"duck call" noise. This noise also occurs when the software 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 subscribers do not strictly trade the MoonTides, but use the charts on this
site as input to their own trading strategies. For example, charts 5 and 6 on the
SPKiss page are a 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.
12/20/2024 5:28:22 AM MT oag****:: Good morning everyone! Hope everyone has a prosperous day!
9:00 Eastern-System: No comments