SPX: Trading the Pythagrorean dilation
Short based on chart.
A sure bet when trading it in four dimensions but risky when only in three. Since this is a four-dimensional dilation pattern it suffers from relativity and uncertainty: do your best to account for price momentum when determining your position.
A sure bet when trading it in four dimensions but risky when only in three. Since this is a four-dimensional dilation pattern it suffers from relativity and uncertainty: do your best to account for price momentum when determining your position.
Catatan
All of a sudden I’m restricted from viewing real-time SPX data. I’m told I must either log out or purchase an additional package to view it. Anyone else experiencing this?Catatan
Also, shared this in a comment so I’ll share here.Catatan
It’s also worth keeping an eye on the euro. Many many euro-based spx constituents. Since I can no longer access Spx, checkout spy/eurusd.Catatan
Eat Bart’s shorts, man!Catatan
Sucks chart won’t update since TV pulled SPX data. Looks to still be in both the rising and broadening wedges with much bearish divergence.Catatan
Monday might be the day. Price is in real make or break zone. Be ready!Catatan
Here’s how ~3000 could still play out, also following main chart.Catatan
Though, that bottom trend line is speculative. Could also look like this Catatan
5 might have not topped yet. It’s a ‘black swan’ event. There’s a wave 5 extension with an inner sub-wave 1 extension. Therefore corresponding sub-waves 3 and 5 are both less than sub-wave 1. Since sub-wave 3 was ~.382 and can’t be shortest, sub-wave 5 can’t be more than .382 sub-wave 1 length or count is invalid.Catatan
Easier to follow. Catatan
Larger megaphone with same result for your pleasure.Catatan
Still eyeing potential top between 3015-3055.Catatan
I'm considering that the megaphone completed and is heading down now, with the top already in. Historically, it appears price can pass through bounding lines and in some cases not even touch. Best to keep our options open.Catatan
Also, looks like SPX is in a leading diagonal down.Catatan
If price drops below 2805 then statistically there’s a 53% chance of it dropping below the ~2009 ascending broadening wedge, which would be disastrous. Catatan
Old trading idea based on price drop. Figured I would share it here also. 
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My confidence is gaining in that Spx is in ABC correction of a cycle Wave 3. Catatan
I might eventually publish this as a separate idea. Catatan
Short term target. Catatan
Also, here’s a potential TVIX play.Catatan
Here you go. Catatan
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Last update on this today, I promise. Catatan
I lied. This is better than the chart I just posted. Shame I can't delete previous updates. Catatan
I might have miscounted some waves. Wave 5 might have an extended sub-wave 3 and truncated (based on Fib channel) fifth as depicted here. Catatan
Possible HS playing out. Price can’t go much higher and this Shoulder’s volume needs to stay lower than Head’s volume for it to remain valid. Completes if price breaks lower than neckline. Catatan
Price shouldn’t go much higher*. There are cases where shoulders are lopsided.Catatan
Looks to me like a developing extended Wave 1 leading diagonal down. As shown, the second downwards move is almost equal to but slightly more than the first one. Were this an ABC correction during uptrend then C~= A with small B, which is unlikely. More likely is a sub-wave 3 ~= sub-wave 1 with large sub-waves 2 and 4 and overlapping 1 and 4. This would indicate an impending large sub-wave 5 to end leading diagonal Wave 1. Catatan
Oops. Can’t believe I’ve never shared my ‘recession chart’. Here you go. Catatan
Possibly bearing witness to an unfolding EPIC BART. Catatan
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Sure can close to calling that top precisely! Here’s a related idea from today regarding top and drop.
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