Hey,
So I like to keep an eye on the SP500 to see if we can predict the next big pull back... which is inevitable, and seems likely to be eminent.
There is a lot going on here.. .i can try to explain, and if it doesn’t make sense, maybe one of my other impromptu explanations in a previous idea will make more sense.
Here goes:
1 - These charts are in 3D. If you don’t see that, and they look 2D... its probably cause you drink too much. Sober up!
2 - The Star Wars battle outlines our playing field. I show the support vectors as solid lines, and the resistance vectors overhead as dotted.
3 - The harmonic patterns that look like little monsters with their arms up in the air like a monkey, each have a signature.
4 - The harmonic patterns are projecting themselves through space and time. Each one originating out of the final micro scale movements of the previous argument, and propagating and expanding as they go... until a new harmonic pattern overpowers it.
5 - These hand offs usually happen at a logical support or resistance levels, which may correlate nicely to a Fibonacci level, for example.
6 - the overall shape of the movement through a level is usually some sort of an arc, up and back into the computer screen, at which point the height of the oscillation is minimal, as we are at the furthest point back toward the horizon.... then the oscillations start to broaden as the support arc starts to give way, and the pattern slides back down the increasingly slippery playing filed, toward you.
What stops the fall? Glad you asked!
The bottom of the level could be a nice bounce... but in a real correction, we are going to loose that level without a fight, and continue to fall.
It is usually that it lands on top of a previous overhead resistance level and takes a bounce.
Now, how do we increase our odds of assessing the power of the bounce?
Maybe its is the S& R vectors from the most prominent arguments of our past?
Maybe a Fibonacci re-trace-ment measurement would help us too... I hear the 0.618 level is a high probability. The 50% is too... though not technically a fib sequence number.
So thats the theories that I have observed and work with... but the real magic happen when you meditate on the chart and it pops into 3D view. Then you can really see all of the patterns as they propagate through time and space and battle for influence.
When i see the patterns that appear to be having the most influence and the signature of the monsters (harmonic patterns) match, then i grab a trace of that previous pattern, and bring it forward to the present moment, and then i fit the pattern to the current playing field - defined by the laser beams, of course ;)
Sometimes i like to fit the trace to the most recent movements. Sometimes to the overall dimensions of the previous channels or arguments. Sometimes it seems the reversals can be long dojo candles, double tops, or flatter crowns... the actual shape and location of the tip is less important to me than how the overall pattern fits within the playing field.
Hope that makes sense... keep in mind you should be able to adjust the scale of this drawing and zoom around a bit as well... it might help.
The turquoise trace is the best example of a bullish scenario that i can find.
The purple is a long range (large time frame) pattern that i have been working with for quite a while.
Pink is the Covid crash... which may have been exacerbated by the pandemic fiasco... though it matches the purple pretty damn well.
Lavender is new today... sometimes it isn’t the previous pattern, but the one before that, which is most influential. This is because one pattern happens in the foreground, and the next further back, and then in the foreground, and then further back again... repeat. Each is a projection of the previous in plane motion... and the foreground and back ground patterns are usually fairly similar also.
Anyhow... lavender seems like a nice fit to me right now.
I hope these ideas help with your perspective on the markets!
Good luck!
So I like to keep an eye on the SP500 to see if we can predict the next big pull back... which is inevitable, and seems likely to be eminent.
There is a lot going on here.. .i can try to explain, and if it doesn’t make sense, maybe one of my other impromptu explanations in a previous idea will make more sense.
Here goes:
1 - These charts are in 3D. If you don’t see that, and they look 2D... its probably cause you drink too much. Sober up!
2 - The Star Wars battle outlines our playing field. I show the support vectors as solid lines, and the resistance vectors overhead as dotted.
3 - The harmonic patterns that look like little monsters with their arms up in the air like a monkey, each have a signature.
4 - The harmonic patterns are projecting themselves through space and time. Each one originating out of the final micro scale movements of the previous argument, and propagating and expanding as they go... until a new harmonic pattern overpowers it.
5 - These hand offs usually happen at a logical support or resistance levels, which may correlate nicely to a Fibonacci level, for example.
6 - the overall shape of the movement through a level is usually some sort of an arc, up and back into the computer screen, at which point the height of the oscillation is minimal, as we are at the furthest point back toward the horizon.... then the oscillations start to broaden as the support arc starts to give way, and the pattern slides back down the increasingly slippery playing filed, toward you.
What stops the fall? Glad you asked!
The bottom of the level could be a nice bounce... but in a real correction, we are going to loose that level without a fight, and continue to fall.
It is usually that it lands on top of a previous overhead resistance level and takes a bounce.
Now, how do we increase our odds of assessing the power of the bounce?
Maybe its is the S& R vectors from the most prominent arguments of our past?
Maybe a Fibonacci re-trace-ment measurement would help us too... I hear the 0.618 level is a high probability. The 50% is too... though not technically a fib sequence number.
So thats the theories that I have observed and work with... but the real magic happen when you meditate on the chart and it pops into 3D view. Then you can really see all of the patterns as they propagate through time and space and battle for influence.
When i see the patterns that appear to be having the most influence and the signature of the monsters (harmonic patterns) match, then i grab a trace of that previous pattern, and bring it forward to the present moment, and then i fit the pattern to the current playing field - defined by the laser beams, of course ;)
Sometimes i like to fit the trace to the most recent movements. Sometimes to the overall dimensions of the previous channels or arguments. Sometimes it seems the reversals can be long dojo candles, double tops, or flatter crowns... the actual shape and location of the tip is less important to me than how the overall pattern fits within the playing field.
Hope that makes sense... keep in mind you should be able to adjust the scale of this drawing and zoom around a bit as well... it might help.
The turquoise trace is the best example of a bullish scenario that i can find.
The purple is a long range (large time frame) pattern that i have been working with for quite a while.
Pink is the Covid crash... which may have been exacerbated by the pandemic fiasco... though it matches the purple pretty damn well.
Lavender is new today... sometimes it isn’t the previous pattern, but the one before that, which is most influential. This is because one pattern happens in the foreground, and the next further back, and then in the foreground, and then further back again... repeat. Each is a projection of the previous in plane motion... and the foreground and back ground patterns are usually fairly similar also.
Anyhow... lavender seems like a nice fit to me right now.
I hope these ideas help with your perspective on the markets!
Good luck!