SPY inhale exhale price cycles

15 Nov 2019

markets inhale/exhale and we're now peaked on these price cycles with a potentially large exhale coming. time is not a factor in this cycle analysis using renko; this is strictly based on the price cycles

15 Nov 2019

Catatan

I've been following some Hurst market cycles that correspond closely to these same cycles- it's very interesting but I started to notice something recently. Price seems to be more critical than time. Hurst cycles rely on "time" - renko blocks ignore time for the most part- they will not print unless price moves. So it became apparent to study the cycles strictly based on price.. But it is interesting to see the Hurst cycles closely correlate but with a wide room for error.

21 Nov 2019

Catatan

take a look at the volume trend (top) on spy over the years. It's important.

21 Nov 2019

Catatan

also, equally telling is the lower histogram bar I'm using. It's the put/call ratio. This is low..

28 Nov 2019

Catatan

my es1! renko chart on smaller blocks- I'm definitely seeing a leg down due now. I would go as far as to say that the market just topped..Market was being driven on autopilot right into this corner at the market close for a reason.. I think to give people confidence in the market and that all's well.. when all is not well. The wealth effect will settle in on people's emotions. Perhaps people will spend a little more on their shopping. I've got news, people are tapped out and in debt.

3 Des 2019

Catatan

13 Des 2019

Catatan

30 Jan 2020

Catatan

what an incredible rally we've seen. Perhaps we have two cycle lows coming together to form the next low in the market.. I don't know how LOW this low will be it's worth being very careful trying to catch the bottom if the market wants to cool off

26 Feb 2020

Catatan

I just want to point out this ascending triangle and how price made a measured move up.. That would have saved me a headache from October-February...

10 Mar 2020

Catatan

MmmHmmm mustard on my biscuits