Medium Term Trading of SP500 with Cycle Analysis

Discussion in 'Journals' started by SPX Blaster, Aug 22, 2019.

  1. SPX Blaster

    SPX Blaster Guest

    You can always use a calculator and mathematically determine the average timing of highs and lows. These charts include spaces for both Saturday and Sunday that makes it easier to do that. I feel that's just a waste of time.
     
    #41     Aug 24, 2019
  2. SPX Blaster

    SPX Blaster Guest

    Here's mathematically averaging point 1. Woo Hoo, pt 1 is Sep 6 not 7. The money is just going to be pouring in! LOL. Edit. I failed to make the counts inclusive of Sep 1. So add one day to the mathematical solution.


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    Last edited by a moderator: Aug 24, 2019
    #42     Aug 24, 2019
  3. SunTrader

    SunTrader

    Agree average swings are a waste of time. Average anything as to how it relates to the markets are worse than useless - they fool those who think they found something.

    IMO cycles are best suited to short term and by that I mean 3-6 swings, not short time amounts like minutes. But have fun.
     
    #43     Aug 24, 2019
  4. yc47ib

    yc47ib

    Interesting stuff due to your correct prediction of the Friday drop. Will follow this thread to see how are your future predictions go.
     
    #44     Aug 24, 2019
    SPX Blaster likes this.
  5. SPX Blaster

    SPX Blaster Guest

    Here is the forum I posted in July my predicted sell off. I did think it would start late August, but it started earlier. And we ain't finished yet.

    https://tinyurl.com/yxg8nql7
     
    #45     Aug 25, 2019
  6. SPX Blaster

    SPX Blaster Guest

    Already looking for a trade the week starting Sep. 1. Looks like gbpusd may be a good short for a few days to start this week.


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    #46     Aug 25, 2019
  7. %%
    NO wonder so many hate TA. DOW is correlated to itself.I seldom use rsi, but relative strength has helped in the past.Never have seen anyone announce a short trade, with OCT-NOV hold target- but that could work, because 3rd year of election cycle tends to trend well, SPY,QQQ.And his cycle chart is DOW, which is correlated to itself.
     
    #47     Aug 25, 2019
    SPX Blaster likes this.
  8. SPX Blaster

    SPX Blaster Guest

    I may exit this Friday. My shorter term cycles of SP500 have an up move till Sep. 9. After this week, I look to short gbpusd early in the week as you see my cycle analysis of it above. Then, back to SP500 short again.
     
    #48     Aug 25, 2019
    murray t turtle likes this.
  9. %%
    I like when the profits ride; unless they try to front run the SEPT sell off in AUG. In that case, could get long.LAST OCT, NOV+ DEC was so polar bear, could be real elephant stampede to the upside this year. BUT TSLA + GE have had so many downtrends, frankly,hard to see any upcycles/upside much for them.
     
    #49     Aug 25, 2019

  10. I cant really see whay possesed you to put the lines where you did?
     
    #50     Aug 25, 2019
    murray t turtle likes this.