S&P 500 Midas Trading Bands

(click to enlarge)

 http://technical-analysis-addins.com/blog/index.php

Today's Chart is a combination of Midas and Gurdjieffian Octave (vibration) theory.  We get the trading range by dividing the "totality" (i.e. high of 1576 in October of last year) by 7 (because there are 7 intervals in the diatonic octave).  This gives a theoretical trading band range of 225 pts.  Next I start a Midas curve on the secondary high that occurred Oct 31st 2007.  That curve turns out to be note "la".  At each CIT I put a parallel offset and by the time the first low gets put in, I've got the (notes) levels all defined.  I'll shut up and let the chart speak for itself. 

Andrews Median Lines

Sometimes the geometry of markets just amazes me. Here is an example of the Andrews median line method. Notice how the Green median line, made using the secondary top late last year and the low in January, overlays (perfectly) exactly the more recent blue median line? Why is that?

Anyway here is another trick. If you put a link to the url that has your data on the chart, you can simply click on it to fetch more data.  In the lower left, that string of text is the following:

http://ichart.finance.yahoo.com/table.csv?s=%5EGSPC&a=04&b=21&c=2007&d=10&e=21&f=2008&g=d&ignore=.csv

Notice that I edited the last month to read October (and its only July). That way every time I click on that link I get Yahoo!'s most recent data. Its still manual (as apposed to automation) but it makes it very easy to update.