That's the thing. There is a form of analysis that is better? than other analysis? If it was so good, everyone would be using it.
I may just move over to www.myfxbook.com. I have my personal account attached to their analysis software and if I want, my real, personal account details can be made public.
Yes, no analysis is even close to perfect. For example, the following image has cyclical price representations. The X axis of each chart shows the percent of the time in the interval (0 through 100). The Y axis for either the high or low of the S&P 500 the price as a proportion (0.0 through 1.0) of a centered 15 calendar day range for that kind of price. So the lines in the charts show how the prices moved in cycles over a specific period. The top chart shows this for the lunar month interval July 17, 2019 through August 15, 2019 (Moon has approximately the same proportion of illumination at both ends of the interval). The bottom middle chart below has values for past lunar month intervals that matched closely to July 17, 2019 through August 15, 2019. The bottom left chart has values for lunar month intervals just before the bottom middle chart. The bottom right chart has values for lunar month intervals just after the bottom middle chart. The charts for the before and after lunar months don't match very well, so closely-matching cycles are not necessarily predictive.
I will occasionally post cycle analysis here to bump the thread up. My email can be found on my profile if you want my cycle analysis emailed to you. I trade a variety of markets, not just stock index.
just thought of a nasty joke today. Everybody knows, crude oil will gap up big time on Sunday open. I don't know how stock index will fare on Sunday open. I won't predict it, but I don't see a reason why it would somehow gap up. It seems more likely for stock index to open lower Sunday evening. Many are long the stock indexes now. Probably leveraged. My joke is if stocks gap down in major fashion upon Sunday open, there's still good news. Interest rates are low, and you can refinance your house to pay for the margin call you're going to get on Sunday open. Haha.
Hi Blaster, of course ES will fall again. But only after the Triple Witching Day, 2019/20/09. Nevertheless, this was no negative criticism of you, but only one tip that as long as contract-poc still lies at 2925, big boys aren`t interest in falling prices. I expect after the change of contract next friday, ES and the whole markets will go down. Poc means point of control.It is simply the price at which the largest trading volume has been made over a period of time (buy/sales). This point is a rare point in the market because it is an indicator that can be observed before and not exactly when the price change occurs. Most indicators say “here is the point where the price is about to change” but few can say so far in advance where the price will go. Therefore it is very useful data besides easy to calculate. It does not carry complicated mathematics like oscillators. The Control Point (POC) can be viewed as a sort of center of gravity towards where the price is going to move. These also allow to optimize the stops from previous data of the market. Triple witching is the quarterly expiration of stock options, stock index futures and stock index option contracts all occurring on the same day. It happens four times a year - on the third Friday of March, June, September and December. Triple witching days generate trading activity and volatility because contracts that are allowed to expire may necessitate the purchase or sale of the underlying security. While some derivative contracts are opened with the intention of buying or selling the underlying security, traders seeking derivative exposure only must close, roll out or offset their open positions prior to the close of trading on triple witching days. Triple witching days, particularly the final hour of trading preceding the closing bell which is called the 'triple witching hour', can result in escalated trading activity and volatility as traders close, roll out or offset their expiring positions. The poc of contract is at 2926, the monthly poc is at 2979,25 and the weekly poc is at 3017 at the moment. All these pocs are changing. The daily one can change several times a day, the weekly two or three times a week and so on. I think the markets will go down on next Friday (closing bell) or Monday, 09/23. We will see…
I have often enough observed that the forecasts of the cycle analysis exat arrive one week later. By the way, I was shocked just quite a lot that you could suppose that I want to offend you - by no means!!!!!!! I do not know you at all. I find your beginning very interesting and also entitled, because markets always run in waves...