This is from Mr. Miner of dynamic Traders. He's a great market teacher/educator...but he hasn't been so great with his market calls. It appears from this chart, that he is now bearish and looking for a major fall?
Since 2000 year, those vernal equinox have indicated all major significant turning points (multi week change in trend) This chart has captured my attention, so I posted it
thanks for the nice chart ... have you done any studies on other markets ? I remember reading about the delta theory that welles W was selling yrs ago ( he did not write it ) the author of the original manuscript became more interested in the meaning of life over the meaning of the markets ... hmmm
Perfect Timing Market Turns! very good stuff If the top of this leg is in, we should make a significant bottom in May Lorenzo
============= Lorenzo; Thanks and if I am reding that chart right ????; it seems to be saying March is a high % month for tops????? Interesting; SPY with all data from 1993 is showing March not a very toppy month at all. Has any tested Dow on that , much more data on that, may look into that
=============== Nazzdack; Interesting, seems as if NasdaQQQ makes many of its highs in first quarter-[ending this March ] Thats with all data and ; QQQQ has been having trouble staying above its 50 dma this year Out of the 4 highest closing days in SPY,/ES this month the 17th of March marked on that chart is one of them. Probably another reason why some dont like TA, could still make $ with that.