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Tuesday, October 21, 2008

S&P SSA and Triangle Pts.

Here's a S & P 500 daily chart, this time SSA with a 40 bar maximum entropy forecast and triangle points.   I use highs and lows and apex's of other triangles as the inputs to triangle points.  It amazes me how the angles land on top of each other.

On another note.... We know Gann loved squares of 144.  But why he loved 144 is not so clear.  I believe the answer can be found in sacred geometry and an excellent book on the subject is: The Dimensions of Paradise by Michell.  I give it 5 stars.

SPX Midas Weely


Here's a MIDAS chart on weekly S&P 500 (^GSPC) data.  As the market plunged couple weeks back, piercing through all support levels like a hot knife through butter,  this method (specifically a parallel offset from 2002 low of Midas S/R curve from the 2000 high) would have shown us where to anticipate the carnage to end... at least temporarily.   All I can say is WOW... this market feels like the end .

megaphone

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