Change-In-Trend

with Anthony, ZigZag & Platy

How Low Can You Go – Archived

It seems that we are heading for some high volatility moves. At the moment futures are up and we are likely to retest the cash SPX levels of 1433 and even as high as 1446 before this market is ready to roll over into mid November. That high could come sometime towards the end of the month around the 29/30 October period before we resume the trend down. Its at times like this that i like to shorten the period of my overbought/oversold oscillators like the stochastics to adjust for ob/os readings on smaller time windows, for instance reducing the 14 day stochastic to 3 days. There is also the possibility that this move isnt straight down with the most dominant cycle showing a secondary and lower peak on 4/5 November before the US elections. Im likely to go short on the 29 depending on the testing of the upside targets and then hold this position into mid November.

Once again the 140 (1400 SPX) area remains the line in the sand which if broken could see us accelerate very quickly to the downside. If youre long start to lighten up………

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828 comments on “How Low Can You Go – Archived

  1. rotrot
    November 20, 2012

    NDX resistance…

    rotrot
    November 9, 2012

    NDX trend trade system remains negative…in spite of the rally earlier today the pivot indicator did not even ‘flash’ a buy signal…below is a link to a an NDX daily chart that has not been posted previously…note the support/residence lines…the chart was constructed last spring…good luck with your trading…

    • rotrot
      November 20, 2012

      sorry folks…posted the wrong chart…

  2. James
    November 13, 2012

    Icons and heroes dethroned….this time two generals. Twenty-three US states petitioning for seccession. This is hardly bull market phenomena. And….we have an oversold market that can’t seem to rally. More gum flapping from FOMC tomorrow…so we’ll just see. 😉

    • karen1650
      November 13, 2012

      Actually, I think the final low could be in the 2nd or 3rd quarter of 2014….Dow 8,000-8,500 target…

      • steventrees
        November 20, 2012

        Karen: Do you think we are going to hit new high in 2013, and then head down to 2014, or we have already in the bear market, all way down to 2014 from now?

        • karen1650
          November 20, 2012

          My long term chart does not give exact prices or times, for example it looked like we would get a pullback to 12,900-13,000 but it went down to 12,471… it says one more attempt for a high into 1Q 2013 then down into 2014. It looks like it could be a double top formation, but again…it does not have exact prices or times…

          It looks like we go from 13,500-13,800 down to around 11,000 by the end of this year…then the steepest decline comes around the 1st quarter of 2014 to around the 3rd quarter of 2014 from 11,000 to 8,000-8-500..

          My medium term chart says we are generally up into the end of December much like ZZ’s chart…then the chart looks as though it pulls back into mid January, then trades sideways (like a triangle) until the beg to mid February…then we head down…

          I believe stocks are already in a bear market…in the last major correction in 2008, Apple sold off heavily with the market, then took 3 months to retrace before it and the market began to head lower. 3 months from Nov 16th is approx mid February…FWIW…

          • steventrees
            November 21, 2012

            Karen~thanks for your sharing, excellect job!

  3. gannman
    November 13, 2012

    Yod: Ve-Ju-Ma (av. 2° 24′)
    Yod: Ve-Mo-Ma (av. 0° 23′)
    Yod: Ve-Ju-Pl (av. 2° 28′)
    Yod: Ve-Mo-Pl (av. 0° 6′)
    Yod: Ma-Mo-Sa (av. 1° 39′)
    Yod: Sa-Mo-Pl (av. 1° 19′)
    Yod: Ur-Ve-Mo (av. 2° 26′)
    Yod: Ur-Sa-Mo (av. 2° 26′)

    Yod-kite: Ve-Ju-Ma-Su (av. 2° 15′)
    Yod-kite: Ve-Mo-Ma-Su (av. 0° 39′)
    Yod-kite: Ve-Ju-Pl-Su (av. 2° 17′)
    Yod-kite: Ve-Mo-Pl-Su (av. 0° 31′)
    Yod-kite: Ma-Mo-Sa-Su (av. 1° 23′)
    Yod-kite: Sa-Mo-Pl-Su (av. 0° 59′)

    time for a quick bite ………..and coffee….

    • karen1650
      November 13, 2012

      Gannman…thanks for the info…but it doesn’t mean anything to anyone unless it is interpreted…how do you interpret the info?

    • Anthony
      November 13, 2012

      Thanks for your input Gannman

      I have down into 15, up into 22, down into 29. Similar to your dates 😉

  4. gannman
    November 13, 2012

    Be mindful on november 29 you have GDP and Jobless claims both numbers out at 8.30ET ………to all the astro folks ..you have 8 yod aspects and 6 yod-kites and that’s a lot ………Here is a yod kite (Su-Sa-Ne-Ur) which occurred at the time of the Deepwater Horizon blowout (22:00 CDT on April 20, 2010)…….so watch out big move coming …keep up the good work …

  5. Peggy Mateer
    November 13, 2012

    fwiw, I’m thinking the market tops today and is down into 11/19-20.

  6. James
    November 13, 2012

    A nice chart for the bears: 3.5-4 year cycle and a nice Wolfe Wave setup (line drawn between the 1 point and the 4th point/wave.) Supported, if you like, by all the long term, large divergences in various world markets– China, brics, Europe, transports, etc.– and important credit market indicators.

    • karen1650
      November 13, 2012

      James, nice chart…but I tried to replicate to see what date would be projected for next low…and it didn’t quite hit the low on Oct 3/4…it instead hit a high on Oct 31, so the chart looks a little manipulated…IMHO…the next date comes to around March 4…

      • James
        November 13, 2012

        No time target for Wolfe Wave…just a visual…if it happens at all. If the 7 yr. cycle ended in March 2009, were just past the halfway point. Maybe a major low around June 2016…god knows where. Presidential cycle is now negative, historically. Also 16-18 yr. cycle low from 2000.

        • karen1650
          November 13, 2012

          In addition to low in 2014, Should be another low in 2018…higher low….

  7. gannman
    November 13, 2012

    expect a 40 point move up on spy ………..next cit around 11/20 another 60-70 down for the final bottom on or 11/29…just my 2 cents

    • curiousmind
      November 13, 2012

      so starting today, up until Nov 20 then down?

    • SS76
      November 13, 2012

      GM, what leads you to believe we have a 30 – 40 move up when the trend is down?

      • gannman
        November 13, 2012

        sun conjunct north node ….11/17/2012…..i had posted some dates earlier for the whole month of november …here u go
        10/29……11/7
        11/7…….11/14
        11/14…..11/20
        11/20…11/23
        11/23…..11/29
        USE STOPS ………….CHEERS

  8. ZigZag
    November 13, 2012

    Went long another batch this morning.

    • IHS
      November 13, 2012

      Hi ZigZag, so from here to mid december, it should rise according to your view, right? In this case, you don’t see another low on the 22nd as Anthony does, do you? Thank you man

      • ZigZag
        November 13, 2012

        Hi IHS,

        That’s correct, we should see higher prices by late Dec early Jan. It’s possible there could be a test of these lows around Nov 22nd. I’ll be buyer if we do.

  9. Peggy Mateer
    November 13, 2012

    Planetary prices for today:

    1390*
    1388
    1386*
    1378.5
    1376*
    1369*
    1359
    1354**
    1352
    1350-51*
    1341
    1335**
    1333

  10. Steve (@stevebrah123)
    November 13, 2012

    Hi Zigzag,

    if you are still reading this thread, do you mind telling me the bottom day in the correlation chart in Dec?

    thanks

    • ZigZag
      November 13, 2012

      Hi Steve,

      The price low was Dec 12th and the last closing low was the 15th. This year the 15th is on Saturday, so it could be the 14th or the 17th.

  11. investbb
    November 12, 2012

    Hello Anthony

    Notice you went for a short order on Nov 2, at 1442. Wondering if that actually got accepted?

    Assuming it got accepted, wondering can you please let us know what your stop maybe if there is one? dont think that was listed in your trades/positions page.

    Thanks!

    • Anthony
      November 12, 2012

      Hi InvestBB, that order didnt get filled. I was also on vacation so i dont trade whilst im on vacation so i decided to sit out on the move, its just a personal rule of mine, for my health and wellbeing.

      Cheers

  12. Peggy Mateer
    November 12, 2012

    notice how spx, es and nugt are all hitting 1382 today – it’s 90 jupiter. I didn’t include it in the planetary prices but I’ve seen 90 jupiter prices hit often – I don’t think it’s strong enough to be an important high or low fwiw.

  13. twoblackcrowes
    November 12, 2012

    I’m mostly a quiet and appreciative reader, so many great contributions by various parties. Since it’s difficult to top what’s already been offered I thought I’d include a few gems/links I’ve come across in my travels, perhaps others will find them useful.

    Sarge’s trading levels (often spot on for day trading):
    http://www.sarge986.com/sarges-trading-levels.html

    Investor sediment (both links are useful):
    http://tickersense.typepad.com/ticker_sense/
    http://www.aaii.com/SentimentSurvey

    Economic calendar (frankly, one of the best):
    http://www.forexpros.com/economic-calendar/

    FOMC Fed days (curious to know how the market behaved? Check it out):
    http://www.mypivots.com/trading/feddays

    CNBC live stream:
    http://www.stream2watch.me/live-tv/cnbc-live-stream

    Fear and greed index:
    http://money.cnn.com/data/fear-and-greed/

    That’s it for now. Enjoy.

    • James
      November 13, 2012

      Thanks. Didn’t know CNBC streamed.

    • Michael
      November 13, 2012

      Thanks for posting, great links !

      Do u know if sarge’s levels are ES or spx ?

      • twoblackcrowes
        November 13, 2012

        S&P/SPX. I use his levels in conjunction with input from this site. If I’m the day trading mood… Trend is up: I set my alert near the bottom of his trading levels (then go long). Trend is down: I set my alert near the top of his trading levels (then go short). Not always perfect levels, but usually good. I’m generally more interested in trading the weekend effect/Wednesday theory then anything else. Cheers.

  14. Anonymous
    November 12, 2012

    Long Soybean JAN 13 from 1404.75….stop is 1403…if i get stopped out i will look for re-entry tomorrow on the daily reversal ….

  15. simon1080simo
    November 12, 2012

    All hail almighty ZZ… now at once!!!!!!!!!

    Yeeaap

  16. SS76
    November 12, 2012

    Platy, bought NUGT at 13.89……thanks!

  17. Peggy Mateer
    November 12, 2012

    any bullion traders here?

    gold planetary prices for today:
    1784-1786**
    1765
    1754-55**
    1744
    1738*
    1733
    1723

  18. Peggy Mateer
    November 12, 2012

    compx planetary prices:
    3053
    3039
    3032*
    3025
    3011.5
    3002*
    2998
    2996.5*
    2988.5
    2984
    2979*
    2971
    2965.5*

    • Anthony
      November 12, 2012

      Thanks Peggy 😉

    • Peggy Mateer
      November 12, 2012

      lower compx prices:
      2951-54**
      2944
      2930.5
      2917
      2899-2900**
      2890
      2882*
      2866*
      2863
      2857*
      2836
      2815-16**

  19. Peggy Mateer
    November 12, 2012

    planetary prices:
    1409*
    1407*
    1402-03*
    1397.5
    1390*
    1388
    1378.5
    1376*
    1369

  20. rotrot
    November 12, 2012

    a perspective that I share…

    “Speaking of context, I just find it puzzling to understand why some traders would want to constantly try to “outsmart” the prevailing trend by trading counter-trend or bottom calling and all the rest. The big money is in the big move – not to mention the fact that trading with the wind at your back contributes to a much longer, healthier and happier life.”

    http://www.traders-talk.com/mb2/index.php?s=&showtopic=143042&view=findpost&p=637892

    • SS76
      November 12, 2012

      I need this type of re-enforcement. Thanks rotrot. I always try to outsmart the market, something I am trying to change. This site is helping me get there, slowly.

    • rotrot
      November 12, 2012

      SS76…I need this type of re-enforcement…that’s why I repeatedly post messages of this sort…good luck with your trading…

  21. rotrot
    November 12, 2012

    SPX weekly chart with the same notations as previously posted for October 15, October 16, and November 7…the indicators cause me to believe that the SPX is likely to continue dropping before a meaningful upmove…the Bollinger Bands (100,2) mid-line (1312.22 at Friday’s close) might be a ‘target’ area…good luck with your trading…

    • rotrot
      November 12, 2012

      correction…1316.22 at Friday’s close…

      • Bingo
        November 12, 2012

        You are suggesting 1316 as the November low?

  22. karen1650
    November 12, 2012

    The weekly chart shows that we are down into the 13th possibly to end of day, then bounce on 14th, then head back down on 14th into 15th. It’s hard to tell if the market bounces at the end of day on the 13th or overnight.

    Levels are not known.

    The daily chart for tomorrow suggests we are up early then sell off later in the day.

    Anthony…is it possible we see an intermediate term low around the 15th, but then see a bounce possibly into 20/21st, then a lower low around Nov 27-Dec2nd? Seems my charts may be inverted. I may be wrong, but I am not seeing any pos d on these moves, so until we see that I don’t see how we can call this low around the 15th “the” low…IMHO…your thoughts?

    Anthony, Do you have an updated chart with dates that may be easier to read? Thanks so much!!

    • Anthony
      November 12, 2012

      Hi Karen did you checkout the new roadmap page https://changeintrend.wordpress.com/sp500-roadmap/

      “Anthony…is it possible we see an intermediate term low around the 15th, but then see a bounce possibly into 20/21st, then a lower low around Nov 27-Dec2nd? ”

      Yes this is possible with the low coming in 27-29 November. Im more inclined to wait for this trend to change at the end of November than try to catch this falling knife, things could get uglier very quickly. However, im willing to let this drop and then go heavily long into mid December.

      Are you able to forward me this chart you are looking at?

  23. curiousmind
    November 11, 2012

    Anthony, Platy, ZZ, you guys are the best. Considering this is a free site, you guys really put a lot of work into this site and you respond to our requests so fast. Thank yuo for posting ZZ’s chart and Anthony’s roadmap separately. That is very helpful

    • platypusfoot
      November 11, 2012

      Thank you Curiousmind, that is very much appreciated. 🙂

    • myuniversalworld
      November 12, 2012

      Here here curios, thanks to all you guys for a great job 🙂

  24. platypusfoot
    November 11, 2012

    Here is the Pentagon November 2 event (a day early).
    Iranian attack on an unarmed U.S. drone
    http://www.washingtonpost.com/blogs/election-2012/wp/2012/11/09/conservatives-politics-delayed-iran-drone-attack-news/

  25. James
    November 10, 2012

    For those of you who don’t have enough charts to look at already: Shanky’s Charts (SPX) from Stockcharts.com– updated in real time with a refresh click.

    http://stockcharts.com/public/1129702

    • Michael
      November 11, 2012

      Thanks for posting James, great charts, butI visited his site and he does sound like a doom and gloom merchant 🙂 what are his calls like ?

      • James
        November 11, 2012

        I don’t read his commentaries. He’s a real warrior/crusader, but his views are mostly derivative. If you read Zerohedge blog, which is the biggie, you see it all there. Like always, we have to separate the opinions from what the market is actually doing– price action, pattern, time, indicators, etc. That’s what makes a market, isn’t it–all the different views, analyses (and even some deliberate manipulations by big players) ?

  26. beetlejuice
    November 10, 2012

    I really want to believe we can find a bottom here but there are several things that worry me.
    Friday initially had the look of a reversal day but then fizzled out in late trade. Not the sign of a market about to reverse. Was it just a case of the spoos testing the 200dma before turning back down hard? The fact it broke above and couldn’t hold …..hmmmm?
    The AUD a great proxy for the S&P is showing signs that a major top is in place for the AUD.
    The trannies once again down hard on Friday and copper playing chicken with that symmetrical triangle on the weekly.
    And lastly gold looks to have formed a bearish wedge and volume has dropped off substantially in the last two days. One would think gold should continue up if the markets reverse as the dollar should decline.
    I remain short and will close out if we rise on volume and get a higher close Monday but I remain cautious.

    Cheers all

    AUD
    http://stockcharts.com/h-sc/ui?s=$XAD&p=D&b=5&g=0&id=p91561252036

    COPPER
    http://stockcharts.com/h-sc/ui?s=$COPPER&p=W&b=5&g=0&id=p20068081529

    TRAN
    http://stockcharts.com/h-sc/ui?s=$TRAN&p=W&b=5&g=0&id=p33277215101

    • James
      November 11, 2012

      Friday’s daily bar is what Larry Williams called a ‘smash bar.’
      Gives you a good stop if the high is taken out. You might call it an inverted hammer, in candle jargon. Similarly if the market put in a hammer and then traded below it (smashed it) that would be bearish, and a stop if one were long.
      I try to watch these setups on weekly, daily, 240 and 60, but not so much on shorter time frames.

      • beetlejuice
        November 11, 2012

        Yeah James I don’t have a name for it, all I know is that if we take out and close on a high I will close out my shorts but IF we take out the lows then this thing is gonna tank.

        The DAX I have to say has me freaked out. The “outside reversal” on the DAX is an ominous warning. The European markets have the potential to derail the US.

        • James
          November 11, 2012

          I agree. Let’s see if the 50% of that reversal bar on the DAX can hold. I was amazed that DAX and CAC held up in face of EZ eco-trends– contracting PMI’s, auto sales, factory orders, etc. Looks like the US election was the turning point. Some sort of gentlemen’s agreement? 😉

  27. ZigZag
    November 9, 2012

    Here’s a couple SPX symmetry charts and sentiment.

    http://tinyurl.com/c62jkxz

    http://tinyurl.com/bzsmvwv

    http://tinyurl.com/c9f7bj4

    Have a good weekend all! 🙂

    • Michael
      November 10, 2012

      Hi ZZ

      Do these charts mean that the lows are in and we turn on Monday in theory?

      Thx and have a great weekend

      • ZigZag
        November 10, 2012

        Hi Michael,

        In theory we should be close to a low and there was a similar setup at the November low in the correlation. This could extend a little bit and would get closer to Anthony’s November 13-15 area.

        http://tinyurl.com/a6bd5wx

  28. curiousmind
    November 9, 2012

    Just want to give a shout out to goldentouch. His posting of the ghost spike to 90 ES played out so well today and the previous one too. Thank you for alerting us of the hidden…I waited patiently like a crouching tiger today and went short near the top and exited for a good profit. Thanks

    • Anthony
      November 9, 2012

      Goldentouch decided to leave. That’s upto him/her. Maybe that person felt unappreciated. There are plenty of great regular posters here who do not go looking for plaudits but continue to provide valuable contributions and their sharing will be rewarded. You receive what you give, it is the way!!!!

      • stockyard262
        November 10, 2012

        amen brother…reap what you sow….it is a law of the earth…like gravity…seeds can only produce their own kind. can’t get an apple tree from an acorn

      • Michael
        November 10, 2012

        He didn’t have to leave, we showed him love 🙂 well he won’t find a more harmonious FREE profitable site that’s for sure !

  29. rotrot
    November 9, 2012

    NDX trend trade system remains negative…in spite of the rally earlier today the pivot indicator did not even ‘flash’ a buy signal…below is a link to a an NDX daily chart that has not been posted previously…note the support/residence lines…the chart was constructed last spring…good luck with your trading…

    • Anthony
      November 9, 2012

      I like 2454-2456.

      Thanks for sharing.

      • rotrot
        November 9, 2012

        Anthony…sorry, but the chart says 2455…enjoy the weekend!

  30. rotrot
    November 9, 2012

    Peggy…below is a quote from the AAPL/RCA article posted yesterday by Tom McClellan…he specifically references “a decline in 2013…after May 2013″…in addition, he references his “eurodollar Commitment of Traders leading indication…why May is such an important time point for the stock market”…the Euro Dollar COT indicator for 2013 peaks in May not April…good luck with your trading…rotrot

    “Based on other research that we do, I cannot discount the possibility of such a decline in 2013, especially after May 2013. Subscribers to our newsletter and Daily Edition, who have seen my eurodollar Commitment of Traders leading indication, know why May 2013 is such an important time point for the stock market.”

    Peggy Mateer
    November 9, 2012

    McClellan posted a great comparison of RCA and AAPL on his site today:
    http://www.mcoscillator.com/

    this correlation expects a double top in mid 2013 followed by a fast collapse.

    Peggy Mateer
    November 9, 2012

    April 2013 double top and May 2013 crash low … then Nov 2013 secondary high and then total collapse into 2014.

    rotrot
    November 9, 2012

    AAPL…

    http://www.mcoscillator.com/learning_center/weekly_chart/apple_walking_in_rcas_footsteps/

    • Anthony
      November 9, 2012

      Thanks Rotrot. I concur with this time frame of early May. Cheers.

    • Peggy Mateer
      November 11, 2012

      thanks rotrot – agree about May but when I looked at that aapl monthly chart and counted bars it looks like the double top is april 2013…

  31. Anonymous
    November 9, 2012

    Platy,
    Just wondering why you don’t have any stops on NUGT?

    Thx, SBW

    • platypusfoot
      November 9, 2012

      Hi SBW, I have high confidence that the low is in and this ETF is on the verge of taking off. I don’t want to get stopped out at a bottom like has happened to me way too many times in the past.

      • Anonymous
        November 9, 2012

        Thx!

        SBW

  32. ZigZag
    November 9, 2012

    For all the ghost print followers out there. 😉

    http://tinyurl.com/ch9swoj

    • ZigZag
      November 9, 2012

      Hi Pindar,

      No stops, and I’ll keep buying if we dip more. Too many things in alignment right now, plus I still have plenty of powder ready to deploy.

      Also, the INDU correlation had one more intra-day low around the 20th, so it could hit sooner on your 11/15-16 area.

      Only have to be close, just like horseshoes and hand grenades. 😉

    • ZigZag
      November 9, 2012

      Hi James,

      Doug was wrong on this pattern back in April. He probably keeps moving it around so he can get new readers to his site.

      http://www.thestreet.com/story/11494607/1/kass-domed-and-doomed.html

      • James
        November 9, 2012

        Yes, ZZ, he was. But the pattern looks developed as of now, yes?
        I see Kass’ tweets and occasional commentaries. He does seem to have a good feel for the market….however he plays it. Of course, you can’t just buy all-in on Lindsay, Gann, Elliott, Gartley, Bradley, etc. You will suffer at some point. Once you see or hear about these things, though, can’t help but acknowledge them as data–take it in– but don’t get thrown off balance…become ‘eccentric.’

        • ZigZag
          November 9, 2012

          I can’t find any symmetry in the pattern.

    • James
      November 9, 2012

      Wall Street throws minor tantrum as Obama doesn’t pre-cave to Repubs on budget negotiations. Too funny.
      Rally wasn’t too impressive on A/D, $Trans, copper, EUR/USD, 10-yr anyway.

  33. Peggy Mateer
    November 9, 2012

    fwiw all the indices hit posted planetary price resistance at the same time:

    compx 2931
    spx 1390
    es 1388

    • Peggy Mateer
      November 9, 2012

      oh and aapl at 553

    • curiousmind
      November 9, 2012

      Thanks Peggy. Your posts are greatly appreciated

      • Anthony
        November 9, 2012

        Yes agreed thanks for all your work Peggy, much appreciated.

    • simon1080simo
      November 9, 2012

      do you see us going up into next week or down?

      • Peggy Mateer
        November 9, 2012

        best guess – 1388-90 Monday and a low 11/13. I wish it would get to 1333-1337.

    • SS76
      November 9, 2012

      ditto, good stuff Peggy.

    • platypusfoot
      November 9, 2012

      Wow! Very cool.

  34. Peggy Mateer
    November 9, 2012

    McClellan posted a great comparison of RCA and AAPL on his site today:
    http://www.mcoscillator.com/

    this correlation expects a double top in mid 2013 followed by a fast collapse.

    • Peggy Mateer
      November 9, 2012

      April 2013 double top and May 2013 crash low … then Nov 2013 secondary high and then total collapse into 2014.

  35. xear (@xear)
    November 9, 2012

    This correlation may have already been posted here:
    http://www.mrci.com/special/dspi67.php

    • platypusfoot
      November 9, 2012

      Nice chart, thanks xear!

    • Anonymous
      November 9, 2012

      looks identical

  36. Peggy Mateer
    November 9, 2012

    posted the prices below yesterday. better add some higher aapl prices…low was 533.72. I still think that 518-520 price level is very attractive. higher prices: 553, 561*, 565, 567*, 570*.

    aapl planetary prices (good into next week):

    541
    535
    533*
    529*
    522.5
    520**
    518*

  37. investbb
    November 9, 2012

    Hello ZZ

    Can you please post a chart for this rally to come into December similar to the awesome Cat picture you had for the big drop recently?

    Like to see some close up dates if possible

    Thanks for your time.

    • SS76
      November 9, 2012

      ZZ, your in demand!!! lol.

    • ZigZag
      November 9, 2012

      Here ya go 🙂
      http://tinyurl.com/c7yunnd

      • investbb
        November 9, 2012

        HI ZZ

        Thanks for the chart. It looks awesome.

        Thanks!

      • Sinuhet
        November 9, 2012

        Hi ZigZag, I am passive follower of this forum. Thx. for your work. In other words you are following the 4/1996 – 12/1996 pathway as seen here: http://www.mrci.com/special/dspi67.php .
        Am I right?
        Sinuhet

        • ZigZag
          November 9, 2012

          Hi Sinuhet,

          Yes, my symmetry hit a few years ago on 1964. It’s a combination of dates that I use in my work and the INDU, SPX and TRAN all have to be hitting around the same time frame for it to work correctly. There’s actually 6 time periods that I’m currently using going back to 1920.

          This is the TRAN correlation I am following.
          http://tinyurl.com/amtbqqh

  38. Peggy Mateer
    November 9, 2012

    compx planetary prices:
    2892-93**
    2890
    2881-82*
    2877
    2863-64 **
    2849.50
    2839*
    2836

    • Peggy Mateer
      November 9, 2012

      higher compx prices for today:
      2899*
      2904-45*
      2917*

      • Peggy Mateer
        November 9, 2012

        higher compx prices:
        2931, 2942*, 2944

  39. Peggy Mateer
    November 9, 2012

    planetary prices:
    1390 (weekend)
    1388
    1379
    1376*
    1375 (weekend)
    1369*
    1360
    1350-51*
    1354*
    1342
    1333-34**

    • SS76
      November 9, 2012

      Peggy, sorry for all the questions, just trying to understand your numbers. These all seem to simply be support/resistance prices, which doesn’t give any indication of where you see the SPX hitting/stopping at.
      Also, why do you have “weekend” in brackets? I now understand that asterisks are important levels that should hold or we see the next level prices….

      • Peggy Mateer
        November 9, 2012

        How you use them depends on what time frame you trade in – daytrader? swing? If you are asking for an opinion on when/where the next high or low is…I’m leaning towards 11/13 at 1333-34. If you’re asking how to use these numbers, I could tell you how I use them if I know your time frame.

        • SS76
          November 9, 2012

          Thanks Peggy. Ya, specifically looking at where the next high and low is and dates for that. I suspect the numbers you posted are for day trading (which is great) and your provide levels for either direction, with asterisks on important price levels, am I correct? So since 1379 has been broken, if it holds above there you expect 1388 today?

          • Peggy Mateer
            November 9, 2012

            yes, but caution because a failure to hold 1379 would be bearish. These price levels hit exactly when there is a specific change of trend – that’s usually accompanied by a price which is connected to a major transit of some sort. Next week we have solar eclipse/new moon (1333-1334), uran pentagonal cit (1390), and sun 0 mer 0 nn (1336-37). It’s possible that we could be at 1390 and then reverse to a final low at either 1333-34 or 1336-37. I haven’t checked all the connecting transits which could identify other price levels but I hope this helps.

            • SS76
              November 9, 2012

              sure does. Thanks for taking the time.

  40. karen1650
    November 9, 2012

    looks like the chart from yesterday is incorrect…if we were going to get a rally today, we would most likely be finding a bottom from yesterday….

    • curiousmind
      November 9, 2012

      so you are saying no rally today, but a drop instead?

    • curiousmind
      November 9, 2012

      Karen, your chart played out beautifully today. A bigger pop and then drop. You have helped me so much, so I sat on my hand until we hit close to 90ES before I shorted through spxu and exited with $1 gain near 76ES. Thank you.

      • Anthony
        November 9, 2012

        She’s good 😉

  41. Taiz
    November 9, 2012

    Hi ZZ,

    Do you plan to add to your long position today. If so, at what point. I am long the
    DOW at 12850.

    Thanks once again and congrats on another great call for the 8th.

    • ZigZag
      November 9, 2012

      Thanks Taiz.

      I will add another one long today, probably at the close. E-mini should hold the low here today.

  42. Beetlejuice
    November 9, 2012

    Futures down. Do we get a gap down reversal??

    • SS76
      November 9, 2012

      This could be the gap down panic you were looking for, with reversal today to signal a bottom…

      • Beetlejuice
        November 9, 2012

        SS76, all said and done I won’t be going l wont be liquidating shorts and reversing until I am certain the selling is finished.
        This market looks positively dangerous going into the weekend. It has all hallmarks of ’87.
        That is not to say that it will happen, however I keep thinking back to that weekly VIX chart I posted a month ago.

  43. curiousmind
    November 9, 2012

    Platy, what is your view on gold and silver today? They are remarkably strong. Do you think the low is in for them this year?

    • platypusfoot
      November 9, 2012

      Yes. Off to new highs.

  44. Peggy Mateer
    November 9, 2012

    lower low on $NYMO

  45. karen1650
    November 8, 2012

    Check out the VIX…looks like a bear flag setup…did not make a bull move on the late day selloff, instead it headed down…

    lower low on SPX, while lower high on VIX…neg d on RSI, MACD histo and other indicators for VIX…

    • James
      November 9, 2012

      The charts of UVXY and VXX look a little different, but your point is right. I look at these indices and ETNs, too, but ever since the rumors started that *certain parties* suppress volatility as a cheap means of boosting the market, I stay focused on SP, Dow, Naz prices themselves.
      It’s also the case that volatility vehicles key to the speed of the index movements. Today was mostly slower and range-bound until the final hour. Very typical behavior following a big-range day– down or up.

  46. ZigZag
    November 8, 2012

    Nov 8th..Another crazy successful correlation call months in advance. I have a couple more long batches waiting to deploy real soon.

    http://tinyurl.com/ahqe4gm

    • curiousmind
      November 8, 2012

      Did you buy another batch long today? If not, when do you plan to, and what spx level? Thanks. Today’s close smells like capitulation

      • ZigZag
        November 8, 2012

        Hi Curious,

        Yes, I deployed my third long batch earlier today. I’m not sure on price, but I’ll probably add another one on any weakness tomorrow.

        • Anonymous
          November 8, 2012

          Hi ZZ,

          Do you happen to have a date for the peak after Nov 8th on your correlation chart?

          Thx!

          • ZigZag
            November 8, 2012

            Hi Anon,

            It says January 8th, but it could be closer to the end of December.

    • SS76
      November 8, 2012

      ZZ, absolutely incredible.

    • James
      November 8, 2012

      Such boldness! 😉

    • ZigZag
      November 8, 2012

      Hi Pindar,

      On the SPX there isn’t one, but on the INDU there is one lower low on the 20th. But, it’s intra-day and it finished higher. I trust the SPX correlation more than the INDU one. After Nov 8th it’s up until late December or early January.

      • simon1080
        November 8, 2012

        Spoken like a Boss!!

      • James
        November 8, 2012

        What would constitute a stop for this method of trading, may I ask?

      • Pal
        November 9, 2012

        Amazing bullseye hit Zigzig:). I knew Nov 8 will be low (as it always does hit the important days you gave in your corelation:).). Aug 9th was the only weirdest thing happened from Nov 2011 when I started to follow you:). Great accuracy as always:).

        And a big thank you very much for making it public. I would have never figured the cyclic nature of the markets if it weren’t your charts.

        • ZigZag
          November 9, 2012

          Thanks Pal 🙂

      • Witold (@delubicz)
        November 9, 2012

        Hi ZigZag,
        I’m not a day trader too,and I’m trading without SL practikally since 10 years (on the markets since 1993),and your forecasting is very usefull for me,thank you again
        best Witold

        • ZigZag
          November 9, 2012

          Thanks Witold 🙂

    • Anthony
      November 8, 2012

      Great work Zigzag 🙂

      • ZigZag
        November 8, 2012

        Thanks mate 🙂

    • Anonymous
      November 9, 2012

      Proof will be in the pudding only if we move up from here which we haven’t yet

      • rotrot
        November 9, 2012

        Anonymous…it would be best if you secure a wordpress account so we can attribute your comments to the appropriate individual…thanks!

  47. curiousmind
    November 8, 2012

    Karen, your chart has been spot on the past few days. So you are saying that tomorrow NOV 9, we will see a bigger pop, probably to where the fake print is 1397spx, then drop again. Do you see Monday as a big up day after the drop Friday? or we are really just going to keep going down till Nov 12-13

    • Anthony
      November 8, 2012

      13-15 November. Patience.

      • halukn
        November 8, 2012

        Anthony, kudos. Your forecast has been spot on so far. I know the answer but I’ll ask it anyways; any price targets? Thnx.

        • Anthony
          November 8, 2012

          Thanks Halukn

          Im still on vacation but i get back Sunday and will update my price forecast then. Looking for test of September highs in mid December. Then sharp move down to a double bottom then off to the races either late December early Jan.

          • halukn
            November 8, 2012

            Thanks. Much appreciated.

      • curiousmind
        November 9, 2012

        Anthony, I found your date interesting because supposedly the liquidity from the FED will start entering the market on Nov 14 which is usually market positive.

    • karen1650
      November 8, 2012

      As Anthony says, it’s possible to see another low next week…

      I don’t know what will happen next week as of yet. Today I had two charts: an energy chart and price chart…the energy chart pointed down, and the price chart pointed up then down…we got a bounce up early in the morning, then went down along with the energy chart.

      For tomorrow, the energy chart points straight up, as well as price….

      • curiousmind
        November 9, 2012

        So no pop and drop tomorrow? I remember you originally said that tomorrow will be a bigger pop then sell off. Or sell off is to come on Monday? What does your chart say?

        • karen1650
          November 9, 2012

          for tomorrow, so far all I can see is an up day on the intraday chart, next Monday there could be a pullback, but can’t really tell what next week looks like so far…

  48. FP to 1390 on the ES and another one on the SPY chart pointing to 139.75

    Maybe tomorrows prices. No one seem to acknowledge my last posting on the Fake print yesterday which was bang on. My Last POSTING Good luck every one.

    • James
      November 8, 2012

      The exchange claims those are late entries from trades earlier in the day– spy, cubes, etc. If not, maybe someone was foolish enough to enter a market order while the algo bots were gone wild. Looks like the FX market is voting no on robot scammery– if this analysis is correct:
      http://www.zerohedge.com/news/2012-11-08/fx-trading-volume-plunges-disgust-over-hft-dominance

    • Peggy Mateer
      November 8, 2012

      don’t leave Goldentouch – I appreciate your contributions!

    • SS76
      November 8, 2012

      Golden, you serious? I like your posting but do you really need acknowledgement/accolades?

    • Jason
      November 8, 2012

      Goldentouch, I don’t post here because I don’t have anything valuable to add and I have been following Anthony quietly since he began back in the early part of the year. However, I feel compelled to post to say “please don’t go”. I find your posts very valuable as do I of all the others who post here-Karen, Pindar, GM, Rotrot, ZZ, Platy, Anthony and I’m sure I have missed some. This site is amazing. Thanks to all of you!!!

      Now, if only we could get Anthony to start a new thread more often so it loads faster on my mobile 😉

      • Anthony
        November 9, 2012

        No worries mate. Point taken threads will be started each Sunday. Will start a new one this Sunday when i get back. Alternatively my friends Platypus and Zigzag may be able to assist 🙂

    • platypusfoot
      November 9, 2012

      Hey Goldentouch, I read and appreciate all your posts. I have been on travel and unable to respond to much but you have been a valuable contributor. Please stick around. (I’m leaving town again Saturday through Tuesday).

    • Anthony
      November 9, 2012

      Goldentouch

      Thanks for your contributions whilst you were here

      Anthony

    • Michael
      November 9, 2012

      Interesting! I’ll be on the lookout for signs of this thanks

  49. Peggy Mateer
    November 8, 2012

    aapl planetary prices (good into next week):

    541
    535
    533*
    529*
    522.5
    520**
    518*

    must hold above 541 today.

    • Anonymous
      November 8, 2012

      Great work down below Peggy. It hit your all important 1377*!

    • ZigZag
      November 8, 2012

      Thanks Peggy 🙂

  50. rotrot
    November 8, 2012

    AAPL may have more room to the downside…

  51. ZigZag
    November 8, 2012

    Yeppers 🙂

  52. Anonymous
    November 8, 2012

    Apple crash right on queue:

    https://changeintrend.wordpress.com/2012/09/12/planetary-harmonics-aapl/#comments

    Cover now, at double support on weekly chart.

    • ZigZag
      November 8, 2012

      Nice call Anon. 🙂

    • Anthony
      November 8, 2012

      Nice anon 😉

  53. SS76
    November 8, 2012

    HVI here is a good bet at $12.58 for a rebound in the S&P….its inverse VIX (I know, you all hate it)….lets see how this performs from here on….

    • Anonymous
      November 8, 2012

      Im in 1st batch XIV … HVI is usually harder to get out of dont u find?

      • SS76
        November 8, 2012

        Ya, just that I keep my funds in Canadian. Hate the 0.05 cent spread, and sometimes the market makers are out to lunch.

    • Anonymous
      November 8, 2012

      Im in XIV -1st batch, I find HVI not as liquid to trade.

  54. Peggy Mateer
    November 8, 2012

    reminder (posted yesterday)

    compx planetary prices for today/tomorrow:

    2942-44*
    2929.5
    2917
    2900-03*
    2890-92**

  55. Klaas
    November 8, 2012
  56. James
    November 8, 2012

    Quiet action as market awaits 30 yr. auction at 1 pm (EST). Aapl seems drawn further toward the 528.66 May low. Will need to do some heavy lifting to meet the many S&P 1500-1650 forecasts that are out there. Not much help from money flows into MFs and ETFs.
    http://www.ritholtz.com/blog/2012/11/flows-into-domestic-equity-mutual-funds-and-etfs/?utm_source=dlvr.it&utm_medium=twitter

  57. Witold (@delubicz)
    November 8, 2012

    Hi ZigZag,
    today could be the low according to your chart? Perhaps we’ll keep this downtrend till Monday,Tuesday (fullmoon)
    best Witold

    • ZigZag
      November 8, 2012

      Hi Witold,

      Yes, today is the low according to the correlation. Very possible it gets stretched out a bit until Monday or Tuesday. I’m seeing a lot of symmetry hitting tomorrow.

  58. James
    November 8, 2012

    Yesterday’s SPX low hit the fibo 1.272 extension on the nail. So far a 33% retracement of the last leg and consolidating. If decline continues, the 1.618 extension is 1367, 1.414 ext. at 1379. Perhaps some disappointment after the ECB presser– Draghi didn’t have any leftover Halloween candy to hand out. Maybe the Greeks ate it all. 😉

  59. allerotrotp
    November 8, 2012

    XII trend trader for ZigZag…

    ZigZag
    November 8, 2012

    Here’s an interesting look at the XII on a weekly closing basis.

    http://tinyurl.com/d2ht4yb

  60. karen1650
    November 8, 2012

    My intraday chart says big rally then big selloff today…?? We’ll see what happens…

    Sometimes to be trusted tick by tick, sometimes not, but lately, these charts have been pretty good in this bearish environment…

    • Michael
      November 8, 2012

      Hi Karen

      So far your charts have been spot on this week, welldone

      Is the selloff tomorrow or today ?

      Thanks

      • karen1650
        November 8, 2012

        Well, my weekly chart says we get smallish move up today, larger move up tomorrow early, then sell off later…

        • Karen you will be proven correct in the short term. A good size pop upwards today.

          Than one more spike downwards.

  61. Peggy Mateer
    November 8, 2012

    today’s planetary prices:
    1407
    1403
    1397.5
    1390*
    1388
    1383
    1378.5
    1377*
    1369

    I’ll update if prices are trending higher or lower than this range.

    • SS76
      November 8, 2012

      Why the asteridk Peggy?

    • Anonymous
      November 8, 2012

      These planetary prices don’t work, there are too many of them, it’s like guess work, impossible to draw so many lines on a chart, makes more sense to have only the most important longterm prices

      • Peggy Mateer
        November 8, 2012

        es just turned exactly on 1397.5.

        • platypusfoot
          November 8, 2012

          And 1388. Nice job Peggy!

    • akr618
      November 8, 2012

      Peggy, Do these prices tend to apply more to the index or to the futures. Thanks!

      • Peggy Mateer
        November 8, 2012

        I watch 4 indices and their planetary prices. es just bounced off 1377 and compx came within 2 points of 2903. I don’t like where the indu is so, for me personally, I’m waiting for now. Trading is not easy – it takes a lot of preparation and attention.
        🙂

        • Peggy Mateer
          November 8, 2012

          I’d like to see compx at 2890-2892 and es at 1369. might go long there. if/when fwiw.

  62. Beetlejuice
    November 8, 2012

    I cant see signs of a significant bottom with Europe currently up and US futures up.

    Not until we see some kind of panic open and reversal will I be looking for a intermediate bottom.

  63. rotrot
    November 8, 2012

    SPX weekly chart with the same notations as the October 15 & 16, 2012 charts previously posted…examine the indicators…do the indicators cause you to believe that the SPX is likely to continue dropping before a meaningful upmove? good luck with your trading…

    rotrot
    October 16, 2012

    SPX weekly chart with the same notations as yesterday…sideways march continues…good luck with your trading…

    rotrot
    October 16, 2012

    SPX weekly…the trend is clearly down…however, my sense is that today’s market action has some individuals (not necessarily on this site) all bulled up…still looking for a trend trade bottom in November (US election week or the following week)…good luck with your trading…

  64. ZigZag
    November 8, 2012

    Here’s an interesting look at the XII on a weekly closing basis.

    http://tinyurl.com/d2ht4yb

    • myuniversalworld
      November 8, 2012

      ZZ thank you, all the team and other posters for your great analysis and comments. I would also expect to see an end of year rally start soon before a big correction into next year. Keep up the fantastic work 🙂

  65. beetlejuice
    November 8, 2012

    apanalis, your 11700/12000 target I concur. Aside from my initial concern yesterday regarding a possible upside break of the Trannies that appears to now be resolving to the downside again, however I will keep a very close eye on that index for clues.
    I am still looking for a lower open and high volume upside reversal, possibly an outside reversal day to signal a intermediate low in the broader markets.

    Weekly copper may offer a few more clues as to longer term direction. It has been forming a very large symmetrical triangle since mid 2011 and is now sitting on the lower support trend line.
    A break lower will indicate a major decline in copper and this translates into much slower global growth.

    Cheers all
    http://stockcharts.com/h-sc/ui?s=$COPPER&p=W&b=5&g=0&id=p99829403787

  66. ZigZag
    November 7, 2012

    Nasdaq sentiment is likely to be at an all time low when it’s updated later this evening.
    http://tinyurl.com/cykf9vl

    Tough to get any big plunge when NYSI weekly stochs are at the low end.
    http://tinyurl.com/csblr64

    Correlation coming in on time +/- a day (I thought maybe a bit earlier lol!)
    http://tinyurl.com/ahqe4gm

    VIX showing likely alignment for a peak.
    http://tinyurl.com/cdtsgay

    SPX showing likely alignment for a low.
    http://tinyurl.com/blfarxp

    The name of my fishing boat is “The Contrarian” 🙂

    • platypusfoot
      November 7, 2012

      Good stuff ZZ, thanks!

    • Rezito
      November 8, 2012

      Thank you for the update ZigZag!
      I’m long 60% of my position and will add more. I’ve seen the PMs bottom 2-3 days prior to stocks before. Today even with a strong USD the miners finished in the green and gold didn’t have a meaningful drop. This was the kind of capitulation I’ve been waiting for. Man you were spot on. Just have to see what the next few days will bring. The media is having a field day with the negative news too. I’m a financial planner in Toronto and I got a couple of calls from concerned clients today, which usually happens close to a bottom 🙂 and it’s been a pretty good indicator.
      I was looking for 1375-1380 on the SPX as the lowest we could go and we could still see that. As long as I get close enough to the low I’m happy. Thank you to all for the input.
      Cheers,

      • ZigZag
        November 8, 2012

        Hi Rez,

        Excellent tip about the PM’s, I need to start watching that one. That’s interesting about your concerned clients indicator. Good stuff! 🙂

        • Rezito
          November 8, 2012

          ZigZag,

          If you were to do a similar correlation chart with the PMs would it have a similar outcome as you’re getting with stcoks? I may have asked this before, whose methods do you use for the correlation/symmetry chart? TIA

          • ZigZag
            November 8, 2012

            I’ve never tried it with PM’s, but it should have a similar outcome. I’ll see if I can find anything that might be useful.

            My methods are sort of blend between George Lindsay and Terry Laundry. I use both of their methods and see if they both hit the same point in time.

            They’re also the reason why I probably need glasses from staring at the computer so much. lol!

    • 1inbluemoon
      November 8, 2012

      good stuff Ziggy!

      Is this the boat? http://www.bradfordmarineyachtsales.com/yacht-sales-contrarian.html

      j/k

      question. when you construct T’s (time / price symmetry) you go by trading days, not calendar days when projecting into future, am i correct? Both methods give different dates.

      Thank you for sharing your work freely here! Im a long time reader.

      p.s. Gold – gives interesting symmetrical date: Nov 28 2012 (calendar days) or Dec 3rd (trading days) – projected low (symmetry from dec 2011 low and jan 2011 lows)

      • ZigZag
        November 8, 2012

        Thanks 1inbluemoon.

        LOL! Oh man, I wish that was my boat.

        I use trading days only. You have a good grasp on the gold T’s! for some reason I can never get gold to line up correctly and it likes to invert on me all the time. Right now, all I do on gold is look for alignment with highs and lows. Thanks for posting that chart!

        • 1inbluemoon
          November 8, 2012

          Haha, Zig with timing like yours you will get one soon! Did you see the name of that boat? 😉

          Anyway, We’ll wait and see what end of november brings.. Im currently long gold as well! Hopefully its not going to be big OUCH at the end of the month.

          • ZigZag
            November 8, 2012

            Contrarian 😉

  67. James
    November 7, 2012

    Interesting chart: NYSE margin debt at 16 year highs, while total net customer worth (available cash to pony up for margin calls) is rather negative.

  68. James
    November 7, 2012

    I don’t want to promote this, but here’s an analog from Chris Carolan, who specializes in fibonacci time relationships and eclipse/lunar stuff. I’m no expert, having little but 25 years of mistakes to bring to the table.

    Just possibilities of which to be aware…there are no real *authorities* when it comes to predicting markets…..

    • karen1650
      November 7, 2012

      Everyone tried to make the same comparison back in May/June 2012…

  69. James
    November 7, 2012

    $BKX close on low, -4.56%. GS off 6.55%, BAC off 7.14%. Crude off over $4.
    Serious damage to “central-planning, extend-and-pretend” complacency here, folks.
    1410 stop on Dec ES for me. Fading any pop on Greek “good news” might be a good place to get short with a reasonable stop tomorrow.
    A daily close of 1413 SPX or higher from here should put the bear back into his den
    for awhile.

  70. curiousmind
    November 7, 2012

    Platy, really want to hear your take on the dollar. It had CIT on both NOV5, and NOV 6. With hindsight, it looks like Nov 6, last night was a major low then a reversal of the dollar, not sure what Nov 5 will be (low or high), Do you see dollar climbing till the next CIT date Nov 13? which kind of coincide with the projected low for spx according to Anthony??

    • platypusfoot
      November 7, 2012

      Hi Curiousmind, I do think it has higher to go, and this could go on for another week or two. It certainly could top on the 13th.

  71. James
    November 7, 2012

    Thirty-five minute suspension in VIX futures and options trading? How…..um….blatant! Zero Hedge blog take: if the Fed can’t sell volatility, they’ll just eliminate it! But who knows….

  72. 139.62 FP? Possible closing price.

    • SS76
      November 7, 2012

      I think 141.23

      • SS76
        November 7, 2012

        I mean 140.23

  73. karen1650
    November 7, 2012

    Too many bears on board….seems like a big rebound coming soon…

    • I am neither a bear nor bull,I just play what ever hand is given to me. LOL

      Never the less, Karen you will be proven correct. The Big question is when?

    • tfinavia
      November 7, 2012

      I sure hope the same with boatload of aapl.. 🙂

    • James
      November 7, 2012

      Hi Karen: May I ask what sentiment readings you’re using? And does anyone here get the daily futures traders sentiment number? Two or three weeks ago, the long- ES position reached an all time high number, surpassing 2007.

      • karen1650
        November 7, 2012

        Even with all of the selling NYMO printed higher low….

    • curiousmind
      November 7, 2012

      according to your previous post, Tuesday and Wednesday are down (shifted one day now so Wed and Thursday down), maybe reversal mid Thursday and up into Friday since Mon is a holiday?? What do you think?

      • karen1650
        November 7, 2012

        Yes, Jupiter trine Venus on Friday…usually bullish aspect…but chart says pullback after rally….since the chart shifted, don’t know if it happens Friday or Monday…

        I have a CIT of 11/9 for the markets and a CIT of 11/9 for oil from Merriman…could extend a day to 12th…

  74. http://stockcharts.com/c-sc/sc?s=%24SPX&p=W&yr=3&mn=0&dy=0&id=p09219492892&a=252170154&r=222

    Some thing to think about. Possible low for early 2013

    Best of luck

  75. Michael
    November 7, 2012

    Important fib level on ES 1484, looking to go long if we drop back there today or tomorrow.

    Goodluck traders

  76. I would love to short this sick puppy again if we get a retracement of 33%- 50%

    403.20 to 1410.76

  77. rotrot
    November 7, 2012

    NDX trend trade system remains bearish…the white/blue trend indicator is clearly bearish…the yellow histogram is negative…the pivot indicator is pointing down…the pink CCI has more room to drop…reluctant to consider a position long until the pink CCI drops below -100…similar comments for the SPX trend trade system…have been experiencing computer problems…for some unknown reason the computer has permitted me to capture the charts…good luck with your trading…

    rotrot
    November 1, 2012

    NDX trend trader…the white/blue trend indicator is clearly bearish…the yellow histogram is negative…the pivot indicator is pointing down…the pink CCI has more room to drop…the trend remains down…good luck with your trading…

    • Anthony
      November 7, 2012

      Thanks Rotrot 🙂

  78. James
    November 7, 2012

    Is there a sea change.? Financials were supporting the market.. Normally financials fail first and tech last. This time tech leaders aapl and goog tanked first, and now the financials are being sold heavily. 10yr yield down a whopping 6.83%, bank index -3.69%, Goldman -5.25%, JPM -4.66%.

    Picking bottoms is not advisable! The broad market rallies are diminishing in time and % retracement– ever since the Sept 14 top. Volatility is continuing to expand to the down side. Just look at those those red 60 min candles….

    • James
      November 7, 2012

      Here’s a bullish thought: the Greek vote on ‘austerity’ fails tomorrow and the market rallies up thru 1415. 🙂

      Seriously, though, this vote could be a significant risk-event.

  79. Peggy Mateer
    November 7, 2012

    compx planetary prices for today/tomorrow:

    2942-44*
    2929.5
    2917
    2900-03*
    2890-92**

  80. apanalis
    November 7, 2012

    Past the US elections, the Cycle continue, the delay, the lag is suffering the DOW from its natural way is remarkable and if everything goes as my studies, the Industrials should go min. 12.000 and possibly 11.700 area.

    Staring Anthony charts and platy dates, i´m waiting to the end of nov12, 23?, before, after? to see that lows.

    After a big rebound, 12.500 or more? and to may-ago13> 8.500-9.000 final target DOW before a great rebound, but next in a year or a couple we will see the same bottom or less.

  81. Peggy Mateer
    November 7, 2012

    geo Uran at 5* aries on 11/13 is a big pentagonal cit… major enough to create an important cit.

    • Anthony
      November 7, 2012

      Nice date Peggy. Dont fight the trend people or try catching a falling knife.

  82. If we get that 1388 level on a retest and if it holds, I am going 25 % long.

    Good luck every one. This is strictly for a short term trade.

    • investbb
      November 7, 2012

      Hi Goldentouch

      like to know your time frame for a short term trade, specifically for this long trade you looking at? like days or weeks or months?

      Thanks!

      • Investbb, this will only be a short term trade. Any where from the end of the day till the eclipse early next week. I believe this will only be a technical rebound before heading for lower lows.

        • Peggy Mateer
          November 7, 2012

          sounds right to me fwiw. next cits: 11/8 and 11/13.

      • The safest area to go long is the sps at the 138 level as Pinder suggested.

  83. Witold (@delubicz)
    November 7, 2012

    Hi ZigZag,
    first of all,thank you for your nice work! Today we have new low on e-mini(s&p500),when you are going to take next long batch. I have long positions.
    Best regards Witold

    • ZigZag
      November 7, 2012

      Hi Witold,

      My plan is to add another batch if we’re down tomorrow morning. I might do it today depending on how we look towards the close.

      • Rezito
        November 7, 2012

        Hi ZZ,

        Following your lead, I’m long 33% as of yesterday morning and I just bought another portion to bring me to 50%. Waiting for tom. So far half QQQ and half GDX. GDX is holding up well today.

    • SS76
      November 7, 2012

      Gannman, those are really telling and teaching at the same time. Please continue to share these they are immensely helpful to me and I’m sure others. Thank you

      • gannman
        November 7, 2012

        anytime ….follow the trend u will always make money ……………………if u have an email …it will help

  84. Steve (@stevebrah123)
    November 7, 2012

    ZZ,

    I thank you for your correlations chart.

    Btw what is that peak date in Dec between Nov bottom and Jan top?

    thanks again

    • ZigZag
      November 7, 2012

      Hi Steve,

      Dec 6th

      • 1inbluemoon
        November 7, 2012

        Thanks Ziggy, I am long SnP here via dec calls as well. Good luck to all of us! lol.

        • ZigZag
          November 7, 2012

          Hi 1inbluemoon,

          Yes, may the correlation force be with us 🙂

  85. Peggy Mateer
    November 7, 2012

    lower planetary prices – these are good through tomorrow:
    1375.5
    1369
    1360
    1354*
    1351
    1347*
    1349*
    1341-42
    1333*

    • Peggy Mateer
      November 7, 2012

      I have a synodic cit tomorrow (11/8). Last two were 11/1 and 11/5.

  86. I am completely out of all my shorts, waiting for a long entry.

  87. beetlejuice
    November 7, 2012

    The worst thing about this for bulls is that the daily slow stoch has hardly moved down on this move.

    http://stockcharts.com/h-sc/ui?s=$INDU&p=D&b=5&g=0&id=p70491853618

  88. curiousmind
    November 7, 2012

    Nice call Anthony for the top yesterday. So you are saying we drop into Nov 13-15, any target in mind? Today’s drop is quite vicious

    • Anthony
      November 7, 2012

      No target until i have chart access. Only time.

  89. Stockboom
    November 7, 2012

    S&P broke 1400…anyone going long?

    • Maybe at the 1388 level. we shall see.

    • James
      November 7, 2012

      NO WAAY! 😉
      Chatter has been about lots of leverage in play to save a bad year. The wheels may come off when margin calls start hitting. Look at Rochedale–betting 700M on aapl, with only a 3.5M backing…allegedly. How many others like them?
      We’ve busted the long term trend line now. Targets don’t mean much when it gets disorderly. Can’t rule out flash crashes, either. I’m avoiding targets and tight stops, for now.

      • Peggy Mateer
        November 7, 2012

        crash lows can come in 55 hours before a new moon…

        • Peggy Mateer
          November 7, 2012

          for trading purposes, NM – 55 hours = Sunday night (or Friday close)..fwiw.

          • James
            November 9, 2012

            thanks, Peggy

  90. I am taking of off some shorts here at the 1406 level. I still believe we will see 1380ish level. I do not want to be piggish. A bird in a hand is worth two in the bush.

  91. Peggy Mateer
    November 7, 2012

    planetary prices:
    1433
    1428
    1426
    1421
    1416.5
    1410
    1407
    1403
    1397.5
    1392
    1388

    • Peggy, that 1388 is looking pretty good !! I will release the rest of my shorts at that point.

      • Peggy Mateer
        November 7, 2012

        I think it’s good for a bounce but I don’t have anything super important there.

    • apanalis
      November 7, 2012

      Yes, we are, gannman, well seen!!

    • kygold61
      November 7, 2012

      gannman, any thoughts on gold and silver?

  92. beetlejuice
    November 7, 2012

    I may have been shouting lower in recent weeks however I’m not married to one side or the other. If this breaks higher then I think ZZ has called it again and i’ll be promptly closing my short side.

    http://stockcharts.com/h-sc/ui?s=$TRAN&p=W&b=5&g=0&id=p86716892340

  93. Stockboom
    November 7, 2012

    Obama wins the election, back in office for next 4 years….now look for fireworks in Europe side…Wed. November 7th Greek vote…everything was holding for USA election and time to let loose…LOL

  94. gannman
    November 7, 2012
  95. simon1080simo
    November 7, 2012

    ZigZag, based on your analysis do you see us visiting the 09 lows SPX 666 area anytime in the next 5 years?

    • ZigZag
      November 7, 2012

      Hi Simon,

      Yes, these types of lows happen in 3’s. I think there’s going to be a 3rd major low that could get us down around 666 by May 2015. I think we’ll see a new high before we begin the trip lower.

      • Peggy Mateer
        November 7, 2012

        ZigZag, do you have a time frame for the next new high? tia.

        • Peggy Mateer
          November 7, 2012

          oops – just read your comments below. Do you think the high at the end of 2012 will be the last high before the trip down to 666?

          • ZigZag
            November 7, 2012

            Hi Peggy,

            Currently, I have Dec 2013 as the peak. Of course, this all depends if we’re still following the correlation by then or if we have jumped to the other one that I’m following. So far, we’re still following the main correlation.

            Do you see anything in your work hitting at the end of 2013?

            • Peggy Mateer
              November 7, 2012

              I’ve looked a number of things (still looking) but nothing jumps out for 12/2013. Does either correlation have anything major 12/18-21/2012 and 1/12-28/2013? trying to sync it up…

              • Peggy Mateer
                November 7, 2012

                just found an important synodic cycles on 11/17/2014. does that fit?

                • Peggy Mateer
                  November 7, 2012

                  sorry – meant 11/17/2013 = important synodic cit
                  Then:
                  1/11/2014 = major cit (high or low)
                  2/27/2014 = major cit (often a high before a crash)

                  • ZigZag
                    November 7, 2012

                    Got it. Thanks..Let me go check those dates and see what I have.

  96. rotrot
    November 6, 2012

    BPNDX & NDXA200R (weekly)

    BPNDX remains negative…NDXA200R is looking like it may turn bullish in short order…good luck with your trading…

  97. Steve (@stevebrah123)
    November 6, 2012

    ZZ are you expecting new high before end of year?

    thanks

    • ZigZag
      November 6, 2012

      Hi Steve,

      I don’t know for sure. The move on the correlation from the November low to January high was about 8%. Other ones that I follow put in new highs before the end of the year. It wouldn’t surprise me if we did.

  98. rotrot
    November 6, 2012

    NDX trend trade system remains on a sell…NDX & SPX daily trading charts remain on a buy…market may hold up into Wednesday or Thursday…

  99. SS76
    November 6, 2012

    Pindar, what do you mean by a “fake print”. Did SPY show this as a low but you are saying it never got there, therefore it will next? Previously on this thread we talked about 145 SPY fake print, but it never got there…

  100. Anonymous
    November 6, 2012

    That SC guy over at Cyclicalmarketanalysis is quite a character. I asked him what happened to the UVXY he owned at 52? He just basically didn’t acknowledge he ever owned it and deleted my post. It seems he deletes any post that question his trading.

    • Anonymous
      November 6, 2012

      Yeah, i’ve always made money fading his calls, lol. Volitility ETFs are generally frowned upon here, but they are great for day trading if you keep tight stops and play the swings. Just my opinion…

  101. curiousmind
    November 6, 2012

    Good job on the silver long trade. When and where do you see silver top before the next selloff?

  102. G
    November 6, 2012

    There were 46000 lots of Nov XLF traded yesterday. That is about 3 cents out of the money. Somebody thinks that the market is going to move higher after elections. This probably means Romney will win. What do you guys think?

  103. Peggy Mateer
    November 6, 2012

    moon 180 sun and moon 144 pluto at the close today = price 1445

    • Peggy Mateer
      November 6, 2012

      correction: moon 90 sun and moon 144 pluto

  104. SS76
    November 6, 2012
    • SS76
      November 6, 2012

      Quiet blog today…..shorters surprised? 1434 next. Exited my short on stop at 14.28, will reshort if we hit 1434 resistance.

      • Anonymous
        November 6, 2012

        SS76,

        I’m a longtime lurker from SCs blog and have been reading this one since ZZ came over. I agree with Rotrot, and the bears. Going short today. Good luck.

  105. Peggy Mateer
    November 6, 2012

    compx struggling with pluto price (3002) – now below.

    • Peggy Mateer
      November 6, 2012

      this price level (3002-3003) is critical support/resistance for compx – must hold for the overall market to move higher.

  106. SS76
    November 6, 2012

    I have to feel we must test the 200DMA for new highs to be obtained, and this is the week to do it. Today feels like nothing more than a headfake, and for a healthy rally to continue, we need that test. Technically its important. Anyone else feeling queezy about their shorts?

    • Rezito
      November 6, 2012

      I sold my puts at break even. It feels like down side is limited but up side is much bigger. Friday may have been it. If we go lower I’ll add to longs. I’m long 33% position.

    • Anyone else feeling queezy about their shorts?

      NNNNNNNNNNNNNOOOOOOOOOOOOOOOO !! LOL

  107. Peggy Mateer
    November 6, 2012

    planetary prices for today

    1433
    1426-27.5
    1421
    1416.5
    1410
    1407

  108. macdundas
    November 6, 2012

    G’day. Been following this very interesting and civilised site for a couple of months – not a trader or investor, just interested in the structure of reality.

    Someone might find this
    http://advisorperspectives.com/dshort/guest/Blair-Jensen-121105-Gauging-Investor-Sentiment-with-Twitter.php
    of interest, although not necessarily of use given the analytical tools & techniques & capabilities on show here.

    Anthony, as you are Oz-based you might find this
    http://s1144.beta.photobucket.com/user/_DrBenway/library/?#/user/_DrBenway/library/?&_suid=135218540797707408075249073247
    (click on “show albums & stories” to see full docs list) of use if you have relatives/friends whose beliefs in the nature of reality preclude them from heeding any advice you might give them re markets and risk. At least they should be out of Listed Investment Companies (including any exposure via superannuation if possible; even some “cash” options include non-cash components to juice returns, as no doubt you are aware but they might not be).

    Something else from Oz: a piece of analysis that covers a lot of ground better than most that try to do the same
    http://www.journalof911studies.com/volume/2010/AustraliasUntenable.pdf

    Regards
    Malcolm

  109. Anonymous
    November 6, 2012

    Hi ZZ,

    It would be greatly appreciated if under your Current Position/outlook if you could mention what your batch is of that you keep adding.

    Thx,
    SBW

    • ZigZag
      November 6, 2012

      Hi SBW,

      I’ve been adding to a couple of ETF’s and E-mini. I’ll be looking for a couple of momentum stocks to add in the mix after the 8th.

      • Anonymous
        November 6, 2012

        Thanks ZZ

  110. This is what I am looking for, 1380 level at least.

    Good luck every one.

  111. Malcolm McIntyre
    November 6, 2012

    G’day. Been following this very interesting and civilised site for a couple of months – not a trader or investor, just interested in the structure of reality.

    Someone might find this http://advisorperspectives.com/dshort/guest/Blair-Jensen-121105-Gauging-Investor-Sentiment-with-Twitter.php of interest, although not necessarily of use given the analytical tools & techniques & capabilities on show here.

    Anthony, as you are Oz-based you might find this http://s1144.beta.photobucket.com/user/_DrBenway/profile?evt=activity_digest of use if you have relatives/friends whose beliefs in the nature of reality preclude them from heeding any advice you might give them re markets and risk. At least they should be out of Listed Investment Companies (including exposure via superannuation; even some “cash” options include non-cash components to juice returns, as no doubt you are aware but they might not be).

    Something else from Oz: a piece of analysis that covers a lot of ground better than most that try to do the same http://www.journalof911studies.com/volume/2010/AustraliasUntenable.pdf

    Regards
    Malcolm

    • Anthony
      November 6, 2012

      Hi Malcolm

      welcome and thanks for the links. In currently on vacation but check in time to time.

      Ill check out the links you sent me when i get back and revert with comments.
      Cheers
      Anthony

  112. G
    November 6, 2012

    There were 46000 lots of Nov XLF traded. That is about 3 cents out of the money. Somebody thinks that the market is going to move higher after elections.

  113. apanalis
    November 5, 2012

    Zig Zag, if the 8th is a top? How can you identify a top or a bottom?

    • ZigZag
      November 5, 2012

      Hi apanalis,

      Why would the 8th be a top? The top was mid September, close to where the correlation said it would be. My short term cycles help me identify tops and bottoms.

      • apanalis
        November 6, 2012

        No new lows for you in the short or medium term Zig Zag? Thanks in advance.

        • ZigZag
          November 6, 2012

          Hi apanalis,

          After this week I don’t see any new lows until after January.

          • apanalis
            November 6, 2012

            So, your analysis is in descorrelation with Anthony and platy (and of course mine), that see new lows about 23 nov12.

            In your kind chart we can see that could be after 8th nov12, in my humble opinion, all your systems are pretty good by approximation; it ´s so difficult to see a perfect one.

            How often do detect variations?

            Thanks a lot

            • ZigZag
              November 6, 2012

              Hi apanalis,

              It’s possible that we could test the recent low one more time and I will take that as an opportunity to add more long. The correlation can vary at times on the exact day, but more times than not it finds the next direction..

              No system is perfect, but this one has done well for me for a number of years now.

              So far, so good. http://tinyurl.com/av8omvf

              • apanalis
                November 7, 2012

                That´s it, Zig Zag. What I don´t understand is looking your chart black background, why you are not short until 8 nov12, levels min. jun12, is what I see and i agreed with you in the end of sep12, a plunge at least 12.000 DOW

                • ZigZag
                  November 7, 2012

                  Hi apanalis,

                  I covered my shorts at the low on Oct 26th and the market is barely below that today. I have no reason to stay short when the correlation is this close to a low.

  114. apanalis
    November 5, 2012

    Beetlejuice, I´m in line with you, as you know.

  115. Looks like the bots are on a rampage, to clear out the shorts before coming down hard over the next few days.

  116. Sorry Pinder, I was holding up the market to buy some more shorts at the 1413 SP level after selling my shorts first thing in the morning. Now its time to go back down. LOL

  117. Umar Bhatti (@kamukak)
    November 5, 2012

    ZIGZAG, could you please update your correlation Map for the next few weeks.
    Thanks In Advance.

    • ZigZag
      November 5, 2012

      Hi Umar,

      Should be looking at a low this week and then we go up to December.
      http://tinyurl.com/bwobarq

      • SS76
        November 5, 2012

        Figuring a low around the 8th – 11th ZZ?

        • ZigZag
          November 5, 2012

          Hi SS76,

          Yeah, if we’re down on the 8th I’ll add another batch long. I could be wrong, but I have a feeling it already hit the low on the 26th.

          • Michael
            November 5, 2012

            Go against the zigman at your peril 🙂

      • investbb
        November 5, 2012

        Hi ZZ

        understand you arent really into exact price, but if we are to bounce from current period into december, do you see us going to a new high to end the year in the S&P like break this years high in September?

        Thanks!

        • ZigZag
          November 5, 2012

          Hi investbb,

          The price move on the correlation from the November low was about 8%, which would get us to new highs by late December. There’s another one that I’m following and that one also hit new highs after the election. It wouldn’t surprise me if we did.

  118. Nice trade !

  119. karen1650
    November 5, 2012

    There are three turn dates this week… Tues, Weds and Friday.

    -My charts say we are down early Monday, maybe bounce late in day
    -Tuesday down into Weds
    -Thurs up into early Fri
    -Friday down…

    I thought maybe the Venus trine Jupiter aspect on Friday would be positive for the markets but the chart says down…there is also Mars entering Sagg on Friday which could be bearish…so we will see which one wins out, but chart says down….and Friday has a turn…

    • Thank you for the info Karen. I was hoping to see the 1380 level first thing in the morning, but the over night futures are rather stagnant. I was hoping for the futures to rise in over night trading so that it had the momentum to come down hard with a lot of pent up energy thru the 1400 level. We may have to wait a few days for that to happen.

      • Chung Wang
        November 5, 2012

        Probably 1380 on Friday.

    • platypusfoot
      November 5, 2012

      Mars enters Sagg on Friday Karen?

      • karen1650
        November 5, 2012

        Yes, how negative is that? I’ve read that Mars in Sagg can cause wars or be “war-like”….

        Merriman has “war-like” aspects Nov 22nd to Dec 2nd.

        • platypusfoot
          November 5, 2012

          I thought it’s already in Sagg? Mars: 21Sag13’00”

    • guelph1
      November 5, 2012

      nice call Karen
      Monday worked exactly as you called it
      just went short for tomorrow
      thanks

    • curiousmind
      November 6, 2012

      Karen, do you think today might be the high for this week? rolling over EOD or start selling off tomorrow??

      • karen1650
        November 6, 2012

        It’s possible the chart is shifted a day….that is what happened last week…

        There was a turn today (Tues), there is another tomorrow (Weds), then Friday. We could turn down today/tomorrow, but Friday looks like it is up…with the possibility of selling off, but I am going to bet up, and put stops.

        Check out TZA…sitting at support of broadening wedge (topping pattern-in this case)..it needs to reverse up soon or we are heading higher from here.

        I have been following ZZ buying dips…I personally have been looking for a pullback to Dow 13,000 range and then up from there…Dow made a lower low on the 5th (which is in the critical reversal time period Nov 1st +/- 3 days) on pos d….

        I am not ruling out Anthony’s low around mid-November…but I believe the general direction and trend is up into at least Thanksgiving, and then end of December…

        • Anthony
          November 6, 2012

          Today was a roadmap high. Should start heading down now. Cheers.

          • karen1650
            November 6, 2012

            Thanks Anthony! It’s hard to read the exact dates on your roadmap is there any way to make the dates a little clearer? Thanks!!!!!

            • Anthony
              November 6, 2012

              Hey Karen

              Will fix it up when i get back

              Cheers

  120. Some thing to keep in mind.

    FWIW, in the SPX day before presidential election positive 80% day after 40% since 1952, market had been closed prior to 1984 on election day

    http://img40.imageshack.us/img

  121. Possible direction with the US $

  122. gannman
    November 4, 2012

    Ok here it is ….keeping in mind mercury retro Nov 6-26….USE TECHNICALS TO CONFIRM CHANGE OF TREND …..
    10/29………………11/7
    11/7………………..11/14
    11/14………………11/20
    11/20………………11/23
    11/23………………11/29
    swing traders dream …….I generally use 2hr or 4 hr charts……..
    keep up the good work….God Bless.

  123. SP futures crossed below 1400 briefly. I do believe we are in for one wild week a head. Remember, Bulls and Bears make Money. PIGS LOSE OUT! I am just putting this up to remind myself. LOL

  124. Peggy, Karen or anybody else have any updated price supports under 1400 SP ?

    Thank you

    • James
      November 4, 2012

      1370 cash may be important. There lies the .50 of the June 2012 to (triple) tops of Sept and Oct. The 200 dma is near 1370 also. October is the 5 year anniversary of 2007 and the 300th month since Oct 1987. On the Gann Square of Nine chart, 300 vibrates with the 2009 low date of March 6th. If this leads to a panic selloff, the Gann ‘death zone’ of 49-55 days would come into play into early December.

      Interesting that this coincides with the Steve Puetz studies on market panics and eclipses– regarding timing. It does go against seasonality of ‘normal’ years, but this may not be a normal year, what with Greece, Spain, US ‘fiscal cliff’ and the effort to find enough acceptable collateral to support the large banks and their derivative books.

      I would think it prudent to widen stops if the market enters an acceleration channel on the downside. 50% of big daily downside bars (range expansions) might keep one on the right side until price enters a deceleration channel. A case in point would be the July to August 2011 sharp selloff. Volatility will be way up…..

      • Great info James.

        Thank you !

        • James
          November 5, 2012

          Your welcome, but the caveat is that ‘positioning’ big before possible crash windows can be disastrous to a trading account! There was alot of chatter going into the June eclipse this year but rather than a crash, the 4th was a significant bottom. The Fed seems to be keen on holding up all asset prices including stocks, so they’re aware of these ‘windows’, no doubt. At some point, though, the market will be bigger than the Fed. The idea that the Fed can support markets no-matter-what is likely just another indication of bullish sentiment– which must eventually end.

    • Peggy Mateer
      November 5, 2012

      for tomorrow:
      1416.5
      1410
      1407
      1403*
      1396.5
      1388
      1386*
      1381*

      • Peggy, I like that 1381 level. Make it happen ! LOL

      • Anthony
        November 5, 2012

        Thanks Peggy.

        I like that level also 1381.

        Ideally would be good to blow through the 200dma level and trigger a few stops in which case id be looking at 1372-1374.

        Cheers.

        • Peggy Mateer
          November 5, 2012

          Wed., 11/7, near the close, I have moon 180 neptune at a price of 1377 fwiw.

  125. rotrot
    November 4, 2012

    found this post on another board…the author describes his approach to trend trading and the current state of the market…in my view, worth the read…

    http://www.traders-talk.com/mb2/index.php?s=&showtopic=142938&view=findpost&p=637133

    • beetlejuice
      November 4, 2012

      rotrot, again I agree with this guys approach. Each has to find their own approach to trading. I am probably the worst short term trader know.
      As I posted a while back my approach is to identify the IT trend and stick with it until I am satisfied that he trend has reversed.
      Certainly I miss some early trend change gains but my aim is to pick up the middle 60% of a IT/LT move.

      I am a big proponent of DOW Theory and market internals were deteriorating up to the September highs. We now face a break down from some very ugly wedge patterns in the major indices that could send the markets crashing much lower.

      I know ZZ’s outlook is that we head up into December and far be it from me to say otherwise given his recent record, but I will hold the short until I see confirmation of a high volume reversal day.

      PS. Fridays action was positively UGLY to me and says we arrest to break down very rapidly.

      • beetlejuice
        November 4, 2012

        Damn iPad auto correct!……….I hate it!!!

        • ZigZag
          November 4, 2012

          Hi Beetlejuice, You can turn auto correct off in settings. Settings > General > Keyboards > Auto correct off.

          I’ve sent a few texts that looked like some of these http://www.damnyouautocorrect.com 🙂

          • platypusfoot
            November 4, 2012

            Oh man, these are cracking me up!! ROFL

      • Chung Wang
        November 4, 2012

        There are something I found very interesting for everyone, just food for thoughts.
        In August, September, right about the announcement of QE3, when I looked at ZZ’s correlation map, I said, no way here is the short term top. Most of the technical blogs were very bullish and looking for 1500 or 1600 as the IT target. And you know what happened. Now most of the blogs are very bearish and looking down to test 1380, 1330, or even 1250. Of course I am not saying we won’t test those numbers by 11/8 or 11/14, but really it is not a good time to follow public’s opinion. A lot of people were looking a high right on/after election but they were forced to sell in the past a few weeks and turned bearish and looked for short, I think these people who constantly played the wrong side will help to push the market up into late December.
        Another thing, I used to compare BB Band and CIT dates to validate if the CIT is correct or not. Currently a few of my bb band settings points the bb band edge are around 1380-1402 area. I think this would be the area the market would hit if 11/8 is the CIT low.
        Just my thoughts.

  126. stockyard262
    November 4, 2012

    anyone study eclipse related market behavior??? solar 11-13….lunar 11-28
    thanks

    • James
      November 4, 2012

      “Several years back, a cycle watcher named Steve Puetz attempted to see if eclipses and market crashes were somehow related. He studied eight of the greatest crashes in financial history, from the Holland Tulip Mania of 1637 to the Nikkei of 1990. He found that market crashes tend to occur near full moons, and that the greatest number of crashes start after the first full moon after a solar eclipse, when that full moon is also a lunar eclipse. Puetz found that all eight crashes occurred six days before to three days after a full moon that occurred within six weeks of a solar eclipse. The odds of that being a coincidence, Puetz calculated, are less than 1 in 127,000.”

      So, yes. This month and early December are possibly *on target.*

      • Correct me if I am wrong, I believe the near term date is for Nov 28th to early Dec time frame.

        • James
          November 4, 2012

          Sorry, near term date for what?

          • For Steve Puetz crash window.

            • James
              November 4, 2012

              Right. He said after the lunar or before–most coming after. I hope the NYFed desk and the algobots are up to any challenges! 😉

      • platypusfoot
        November 4, 2012

        Very interesting! Thank you James.

      • Peggy Mateer
        November 9, 2012

        Thanks for the refresher on that, James. 12/18 is a major cit in my work – also 12/21. Perhaps that’s a low.

        • Anthony
          November 9, 2012

          Hi Peggy

          Thanks for your ongoing contributions.

          15 Dec is my major Cit

          Cheers Anthony

  127. ZigZag
    November 3, 2012

    I will add another batch long if we’re down on the 8th.

    http://tinyurl.com/co3kxg2

    • Michael
      November 4, 2012

      Hi ZZ

      Is the last blue line the 8th ? Seeing how well your correlation chart has worked, I dare not go against it !

      IMO markets tend to rally after elections unless there’s discrepancy like in 2000, so the rally could start on the 7th ? What do you think ?

      Thanks for your guidance as always

      Thanks for your guidance mate

      • ZigZag
        November 4, 2012

        Hi Michael,

        That blue line does hit on the 8th, and there’s the possibility that it comes sooner too.

        Fingers crossed that we don’t have something similar to 2000.

    • crisstoff
      November 4, 2012
      • ZigZag
        November 4, 2012

        Sweet looking chart crisstoff! 🙂

    • akr618
      November 4, 2012

      ZZ, Where are your stops for current longs? Thanks!

      • ZigZag
        November 5, 2012

        Hi akr618,

        I like to use use pretty wide stops. A weekly close below 1,340 would give me second thoughts..

  128. Does anybody know how to place a avatar on this blog.

    Thank you

  129. testing

  130. beetlejuice
    November 3, 2012

    The Daily/weekly charts couldn’t look more bearish. Next week the DOW SPX and crash below their 200dma and begin a precipitous decline toward their 200 wma.
    The dollar has taken just everybody by surprise here. Expect QE 4 before January 31.

    • rotrot
      November 3, 2012

      beetlejuice…the dollar has not taken everybody by surprise…

      rotrot
      October 24, 2012

      UUP daily trading chart is exhibiting signs of a negative divergence…however, any near term weakness should be followed by an upward thrust…below is a link to the UUP trend trade system chart…good luck with your trading…

      • beetlejuice
        November 4, 2012

        rotrot I was implying in general not to participants here. The market in general expected the USD to breakdown from here.
        As you pointed out the dollar was exhibiting divergence last week, particularly its reluctance to decline as the market rallied strongly on Thursday,
        The dollar is now right up against the 200dma 80.63 and the 50wma 80.51.

        If the dollar continues to surge here I would suggest that it is signaling the likelihood that this sell off will last much longer than many anticipate.

        Cheers

    • tfinavia
      November 3, 2012

      In my opinion dollar will be stable/consolidate till mid December. The 80.5 resistance on the index will be breached shortly only to reverse back down. When there was no surprise on the weakness of it around Sept 17, most people were bearish looking for one more low. That never arrived. Six weeks later now, all of a sudden we want to strongly buy the dollar. By all means COT is strong on the dollar bull but bullish gains will be consolidated and it seems market will take off and make new highs by year end. AAPL is a strong buy next week.

  131. guelph1
    November 2, 2012

    Or is it the other way around?
    Low tomorrow and high on 8th?
    Thanks for any help

    • Anthony
      November 2, 2012

      The trend is down until at least 9-12 November. Sit back $$$

      On vacation for a week.

      • guelph1
        November 2, 2012

        Thanks Anthony

      • gannman
        November 2, 2012

        enjoy the vacation mate you deserve it …………….have a blast ….

      • rotrot
        November 2, 2012

        You are a wise man Mr. A…it would be prudent for others to heed your advice!

    • guelph1
      November 2, 2012

      Sorry meant low Monday and high on 8th?

  132. guelph1
    November 2, 2012

    So is the consensus the cits are Mon high than the 8th low?

  133. stockyard262
    November 2, 2012

    just got in but did any newsworthy event take place at the Pentagon today 11-2-12??

    • platypusfoot
      November 2, 2012

      Hi Stockyard. I believe that the Mars/Jupiter/Saturn Golden Triangle event was Hurricane Sandy. It is interesting that yesterday the Pentagon began providing assistance.

  134. Peggy Mateer
    November 2, 2012

    I overlooked something very important today. sigh. I’ve been focused on Mars 180 Jup, Ceres 120 Sat and Ceres retrograde. In fact, the golden triangle that has been in effect (Sun = apex, Jup, Uran) was the “controlling” transit. We had a high yesterday as Moon approached 0 Jup and those prices were posted here yesterday. I also said I thought prices would go higher. I was looking at 1433 for that high. What I didn’t realize was that this important golden triangle was still the “controlling” transit and that Moon 180 Mars at the open today would nail in the high for that transit. Looking ahead, following are cits: 11/5 and 11/8. I’ll do more work on it over the weekend.

  135. SS76
    November 2, 2012

    Gannman, Rotrot, Peggy, or others. Wondering what your CIT dates are for the next while and whether you think we will see High or Lows. Given the way the market behaved today, selling right into the close, i think we get some sort of continuation on Monday, perhaps Cash testing 1400, before rebounding on Tuesday the 6th to 1420 cash right through to the end of the week. Next CIT happening with Tuesday the 13th and drop until the 20th with a low of around 1373. Does this resonate with anyone?

    • Pretty close to my way of thinking, except for monday morning lows. I am looking for 1380ish before we get a rebound.

      All the best

      • Peggy Mateer
        November 3, 2012

        I like 1380 (it’s moon 144 neptune before the open on 11/5)

        • I would be happy with 1380 instead of 1380 ish LOL I am fully loaded and ready.

          Have a good weekend every one.

  136. Michael
    November 2, 2012

    Peggy, Karen

    Astrologists are saying mercury retro is worst time to have elections as it could lead to irregularities like 2000 which would be bad for the markets

    Any thoughts ?

    Thanks

    • SS76
      November 2, 2012

      where do you see this Michael?

      • Michael
        November 3, 2012

        Hi SS,

        http://www.theidiotandthemoon.com/eyeofra.html

        This is just one of many, I always take astrology with pinch of salt cos there’s always an excuse why what was supposed to happen didn’t happen but this guy clearly states technical analysis should come before astro which is a great approach

    • Peggy Mateer
      November 2, 2012

      yes, I’ve heard that too.

  137. guelph1
    November 2, 2012

    hi,
    how does that fake print happen?
    where does it come from? Is it the computer traders that move/manipulates the markets, makes a pre-trade in error prior to the market arriving there?

  138. curiousmind
    November 2, 2012

    pindar , your fake print alert from yesterday was spot on. We hit exactly 1413 spx. So now another one to 1423?

  139. I could see that Fake print being manifested after Monday morning plunge, later on in the week.

  140. gannman
    November 2, 2012

    one last thought before we close ..there’s 4 cit dates for nov ….sshhhhhhhhh….mercury retro nov 6-26 day swing traders dream ..trend change every 3-4 days use 2hr or 4 hr charts ………….

  141. gannman
    November 2, 2012

    its not about being right or wrong ………..The only way to make $$$$$$ is to follow the trend and use stops in case you are wrong ……….they might run it up again in the last hour but the weekly chart of the last and current week hi/lo is the same ..its been a tough fight for both bulls and bears ..the greatest options are the137puts…..the venus pluto aspect is on sunday previous 2 cases resulted in 90 point decline and 120 point decline …..i never anticipate but simply follow on confirmation …………..the astro is just a guidance tool as to what to expect …cause and effect…enjoy the weekend and thanks a million to each and everyone of you for all your hard work and analysis ………..God Bless ………once you take a position dont change it unless the trend has changed ……..Thanks again Cheers …

  142. alan (@vindication_red)
    November 2, 2012

    Gannman, what target are you projecting for SPX and SLV next week? ZigZag went long second batch today

  143. We still have Pindars Fake print in play here

    bottom line is @ 141.35

    • simon1080
      November 2, 2012

      A while ago… I saw a Fake print SPX 575.. is that an omen?

      • That would be nice to have some put options on that ride down. LOL Please remember that not all Fake prints will be manifested as Pindar and ZigZag have stated.

    • simon1080
      November 2, 2012

      It printed on the ES with InteractiveBrokers

  144. Anonymous
    November 2, 2012

    My chart showed a big move up on Wednesday and a big move down on Thursday/Friday…

    It was still correct, just shifted one day…Monday so far shows a lower open, then a move higher, can’t tell if it the end of day monday or early Tuesday, then a reversal down on Tuesday…can’t see beyond Tuesday yet….

    • karen1650
      November 2, 2012

      Oops, forgot to login…that post about the big moves this week was from me…

  145. rotrot
    November 2, 2012

    NDX intermediate trend remains down…was yesterday a one day wonder? Monday could be a BIG day…thanks for your informative posts gannman!

    gannman
    November 2, 2012

    who let the bears out who who……http://www.screencast.com/users/gannman/folders/Default/media/7d149bf1-2352-4e16-ac07-e0f4d647bc4a

    • Great analze Gannman. I agree with you for next Monday, as I have been stating that date for the last few days.

  146. alan (@vindication_red)
    November 2, 2012

    Gannman, wow amazing calls you made with your projections. Any idea what happens next with SLV and SPX in the next few days?

    • tfinavia
      November 2, 2012

      I second that! Amazing accuracy…Well done Gannman !! Good luck to all…

  147. curiousmind
    November 2, 2012

    wow gold and silver really tanked today. Could Oct 28 been a high instead of a low, and so was the dollar.(a low instead of high)

  148. Peggy Mateer
    November 2, 2012

    just for fun I’m looking ahead to a possible price for a low on 11/8. Compx:
    2971*, 2963, 2953-54*

  149. Peggy Mateer
    November 2, 2012

    fwiw, I’m coming around to Anthony’s pov (high 11/5) 11/4 is a cit related to 5/2/11 and 11/5 is another synodic cit and it’s important. As well, Sat 120 Ceres is exact on 11/5 – moon trigger before the open at 1432-33. Other targets for 11/5 – 1436, 1443, 1445, 1449-50. btw, today, we’re on important planetary price support here at 1423-25.

    • Peggy Mateer
      November 2, 2012

      the low 1420 was jupiter planetary price…

    • Peggy Mateer
      November 2, 2012

      lower planetary price support: 1416.5, 1410, 1407

    • SS76
      November 2, 2012

      so looks like that is now broken, what does this mean to you? I think the Oct 31 high and CIT was delayed 2 days, and the high was today, down into the 7th…

      • Peggy Mateer
        November 2, 2012

        not sure what you mean “that is now broken”… es is trying to hold onto the jupiter price, spx low 1423.62 (the important planetary price support today), compx low at 3008.34 isn’t solidly on anything. For me, it’s important to see where each index is and what that is saying about the current trend. I’d like to see compx at 3001, spx at 1423 and es at 1416.5 – then a bounce to 1433 es or spx. fwiw.

        • centsabletrader
          November 2, 2012

          Might help if support were labeled ES or SPX. I think most of your numbers are for ES. Thanks for your work. I do similar range work but I use fib ratios.

          • Peggy Mateer
            November 2, 2012

            the planetary prices apply to whatever index is hitting them.

        • Peggy Mateer
          November 2, 2012

          here we are at all 3 prices. they have all overshot a little so I’m not convinced these will hold.

          • Peggy Mateer
            November 2, 2012

            next planetary price support:

            es/spx
            1410
            1407
            1403

            compx
            2998
            2992.5
            2985.5
            2971

  150. phantom
    November 2, 2012

    zigzag,
    your previous roadmap showed nov 9 as the low, now that you are long, was the low 10/31 and your roadmap is revised. please advise. if so do you think that going long is still advisable or one should wait till elections. thanks

  151. rotrot
    November 2, 2012

    word of caution about the Euro Dollar COT ‘road map’…as previously posted, Tom McClellan first published the Euro Dollar COT ‘road map’ in May of 2011…the ‘road map’ nailed the October 2011 bottom…however, it missed the mark on the spring 2012 high…

    http://www.mcoscillator.com/learning_center/weekly_chart/eurodollar_cot_indication_calls_for_big_stock_market_top_now/

    rotrot
    September 22, 2012

    Euro Dollar COT ‘road map’

    “…taking data from the eurodollar market, and applying it to an analysis of the US stock market. The key discovery that I made a few years ago is that the movements of the SP500 tend to echo what the commercial eurodollar traders were doing previously. I played around with alignments to get the best fit, and found that a one-year lead time gave the best correlation.”
    Tom McClellan, May 27, 2011

    rotrot
    September 21, 2012

    Tom McClellan first published the Euro Dollar COT ‘road map’ in May of 2011…below is a link to a recent Euro Dollar COT chart (not McClellan’s)…

  152. Michael
    November 2, 2012

    Hi ZZ and Anthony

    Can you please recommend a market cycle software I could use for trading intra-day ? Not astro 🙂
    Thank you

    • Anthony
      November 2, 2012

      Hi Michael

      what do you want the software to do. What are you trading? Are you a good programmer?

      • Michael
        November 2, 2012

        Hi Anthony

        I trade the ES and 6E. Im looking for a software that will “attempt” to time intraday turns to confirm my technical signals. I really don’t have programming skills

        Thanks

        • Anthony
          November 2, 2012

          Hi Michael

          Its very difficult. For example i use Trade Navigator Platinum for charting angles, calculating some cycles. IG Markets trading platform for intra-day trading and swing trade execution. i think methods are more important than charting packages imho

          • Michael
            November 2, 2012

            Thank you Anthony for the reply

  153. karen1650
    November 2, 2012

    ZZ and Anthony, there is a Venus trine Jupiter on Nov 9th, which is a positive aspect, and the 12th is the next trading day after the 9th, so I am having a hard time seeing the 12th as a low….if it’s going to happen, it could happen around 6-8th??

    Also, there is a Mars square Uranus on Nov 23rd…and difficult aspects leading into the 27th…so astro wise 27/28th looks like it could be a low…

    These dates match my charts as well:
    Minor pullback into the 13/14th Solar eclipse?
    Nov 21: High
    Nov 27/28: Low
    Dec 3/5: High
    Dec 13: Low
    Dec 21-24: High (Top?)

    I think I may have mentioned it here before, but there is a turn date for oil on November 9th.

    • Anthony
      November 2, 2012

      Hi Karen that pretty much lines up with my roadmap. We could see a low into 9th and then higher into 20/21. Rotrot has also mentioned 9-12 November as a low. There are other sources suggesting a significant low around mid November which have been very reliable.

      I still think we drop here. Possible marginal high at the close on Friday. Every man and his dog looking at the SPX 50dma. We either blow through it and then go short to reverse back down or we go up a little and dont retest. We could get as high as 1433 still not break the 50dma and then short.

    • ZigZag
      November 2, 2012

      Thanks Karen 🙂

  154. Anthony
    November 2, 2012

    ZigZag looks like you an I have a difference of opinion in terms of declining into November, who dares challenge the ZigMan :S

    • ZigZag
      November 2, 2012

      En Garde! 😉

      We still could drop mate. I just can’t find many times in history that had a drop after a weak Oct in an election year. I’m keeping plenty of powder dry just in case.

      • Anthony
        November 2, 2012

        🙂 we live to fight another day, which starts with a strong coffee and peanut butter on thick toast lol

        • ZigZag
          November 2, 2012

          The breakfast of Champions! 🙂

      • phantom
        November 2, 2012

        zz, your previous timeline showeda bottom on the nov 9,th, does that still hold good or are you going in all long now. thanks

        • ZigZag
          November 2, 2012

          Hi Phantom,

          I went long my first batch when I saw the short term cycles were hitting a low last Friday. It’s possible we could still drop to the 9th. I will be buying in batches on weakness.

      • stockboom
        November 2, 2012

        Hi ZZ

        You are right there are very few instance where u see weak november in election year…this trend match with my comment last week that first two weeks of november seal the fate of current president…if market goes higher then obama will return to office and we will see new high at end of december or else vise versa and rommney will win

        Cheers

  155. ZigZag
    November 2, 2012

    4 good reasons to keep an eye on the end of November.

    http://tinyurl.com/a9zsj4l

    Oh wait, the correlation I posted today would make that 5 🙂

    • lajani1074
      November 2, 2012

      hi zz. are you saying a low for the end of dec right

      • ZigZag
        November 2, 2012

        Hi lajani1074,

        No, just one of them is going to be a high. I won’t know until we get closer. However, the correlation that we’ve been following the most suggests it’s going to be December as the high.

    • lajani1074
      November 2, 2012

      z this kind of stuff is new to me. i feel slow sorry

  156. Thank you Pindar.

  157. Thank you for the heads up Pindar on the fake print. Is their any way you can post the fake print? Thank you

    • gannman
      November 1, 2012

      no fake print as of yet last one posted was to run this baby up to 143.50 on oct 23….

    • ZigZag
      November 1, 2012

      Hi Golden,

      I think this is what Pindar is looking at
      http://tinyurl.com/bk47ssb

      They’re usually a better indicator when you can find a cluster of them imo.
      They don’t always work out exactly though.

  158. guelph1
    November 1, 2012

    quiet today
    I sold my long position this aft – thankyou ZZ
    looks like trend is now up – one should not bet against ZZ’s charts

    any more short term CIT advise? any more zigzags? will tomorrow be a low or do you expect to contnue up into Monday?

    • lajani1074
      November 1, 2012

      HELLO ALL. Hope everyone is well. I just got my power back on thank’s to (SANDY) My family is all well but a few of my friends lost there house’s. Now i need a little help. ZZ/ ANTHONY/ PLATY can you guy get me up to speed and anyone eles that want’s to help. P.S. MY PRAYERS GO OUT TO EVERYONE THAT WAS AFFECTED BY SANDY!!!!!!!!!!!!!!!!

      • gannman
        November 1, 2012

        email address will help………..

      • Anthony
        November 2, 2012

        Lajani

        Our thoughts go out to your friends, family and loved ones.

        We experienced a similar situation last year in QLD, many people lost their lives in the flooding due to negligence by the government to open the dam. People pull together when they need to to help each other out. Im sure that you guys are the same.

        Long and short of it is. Zigz long buying on dips, im in cash waiting to short and Susan is in cash too.

        • lajani1074
          November 2, 2012

          Thank you Anthony. yes we are pulling together we are volunteering to help those who need help. we are going through our closet to donate clothes. Thanks again your thoughts

  159. curiousmind
    November 1, 2012

    what do you mean? do you mean there was a ghost spike down to spy 141.3 which is roughly 1411 spx?

  160. Peggy Mateer
    November 1, 2012

    dow high of 13273 is approaching uran 144 sun (13279). higher targets: 13283, 13323 (uran 72 jup), 13341. at support currently (13225).

  161. crisstoff
    November 1, 2012

    Anthony, Just wondering if your roadmap is prone to inverting on some turns? Im only just going through my charts (early morning here) but I can see the possibilty of SP forming a T into early December.

    Chris

    • Anthony
      November 1, 2012

      Hi Christoff, weve had 1 inversion this year, are you looking for a high or low in that period?

      • crisstoff
        November 1, 2012

        The T is suggesting a high – https://dl.dropbox.com/u/31723500/SPX%20T%202%20Nov%202012.jpg

        Here is a chart showing a shorter T as well.

        If the SP makes new lows the T has failed. I have alot of other charts suggesting mid Nov is important, but nothing conclusive atm.

        Chris

        • Anthony
          November 1, 2012

          Hi Christoff my roadmap shows a high on the 15 which lines up with your chart. Im still thinking we drop down into a lower low into mid November

        • gannman
          November 1, 2012

          right on …ditto on that …the dec date is the 21st…………….great job ..keep up the good work

        • ZigZag
          November 2, 2012

          Thanks posting that crisstoff 🙂

          I do have a half cycle hitting mid November, but I think we eventually head up to late November. At least that’s what history is telling me..

          • crisstoff
            November 2, 2012

            Thanks for the comments 🙂

            McClellans COT chart is has 28 Nov as a high. Its a weekly so can be a week either side. Same chart calls for a low 8 Nov, so low could very well be in according to that.

            Chris

            • ZigZag
              November 2, 2012

              Good info crisstoff, thanks.

              Correlation has Nov 8th for a low and the daily chart I just posted above is hitting Nov 27-28 🙂

  162. Oil, Gold, Euro is off its highs still holding my shorts

  163. ZigZag
    November 1, 2012

    Here’s the two weekly correlation dates I’ve been talking about.

    http://tinyurl.com/bm8eu9f

    Also, both were election years.

  164. Peggy Mateer
    November 1, 2012

    Holding 1421 (es) is crucial – the synodic cit today could well be the high.

    • SS76
      November 1, 2012

      Just broke 1421 es, lets see if that can be sustained…

      • karen1650
        November 1, 2012

        SS76, I don’t know if we will see any more significant downside from here…if we get a lower low, we could test the 1395 area again….

        • SS76
          November 1, 2012

          I guess I’m wondering time wise when we see that 1395 if that is the low….next week?

    • platypusfoot
      November 1, 2012

      /nq reversed at the top of a clearly defined trend channel. Looks like you nailed it again Peggy!

      • Peggy Mateer
        November 1, 2012

        I wish… compx didn’t hit anything major. if the high had been 3025, 3035, 3039…

  165. Klaas
    November 1, 2012

    I see 2 nice Wolfwaves ..so i am long and go out above 1430
    Then i wait and go short under 1426 …target 1400

    • SS76
      November 1, 2012

      I got no wolf waves, just got a feelin…..down from here.

  166. Klaas
    November 1, 2012

    Anthony ,still looking to short 1433 or are you waiting till 1450 because the LONG target is 1433 and ZigZag is become bullish (brrrr) ?

    • Anthony
      November 1, 2012

      My roadmap shows a peak over the weekend then big drop. Ill likely go short at some point on Friday around the 1442 region.

  167. Peggy Mateer
    November 1, 2012

    Moon 0 ceres 11/3. I’ve got an important synodic cit today. with es > 1421 now and spx > 1426, I think we’re headed for 1433. Next important synodic cit is 11/8 although there is another minor one 11/5.

    • SS76
      November 1, 2012

      the volume on VXX yesterday was huge. Looks to me as a sign things are really about to get ugly and push the VIX past 20. If that happens, then the bottom could fall out of this market into mid-late November, setting up a nice December rally. My guess is 1347 low.

    • karen1650
      November 1, 2012

      Peggy, I was just going to post something in terms of the 8/9th turn date…my charts suggest that will be a low…and I was going to ask Anthony what his thoughts were on the idea that the low he has at 12th, could instead turn out to be around 8/9th?

      Nov 1st was a reversal date that I had, I also have Nov 5th…(Mercury retrograde on Nov6th can be a reversal day)…and then the 8/9th which I think could be a low….

  168. Peggy Mateer
    November 1, 2012

    here we are at 1421 (es) = mars 180 jup. now the question is – does the market rally to 1433 (0 ceres) or is this the high?

    • Peggy Mateer
      November 1, 2012

      oh and moon near 0 jup!

    • Klaas
      November 1, 2012

      And next question ..Is the SPX after 1433 going for the 1395 ?

    • SS76
      November 1, 2012

      Even a rally to 1433, market feels weak, but this has happened before usually during melt ups. Peggy, are you leaning that the next stop for the SPX will be below 1400 rather than higher from here? Along the lines of Anthony’s thinking?

      • Peggy Mateer
        November 1, 2012

        I think 11/8-9 is a cit. I’m not sure if it’s a high or low but I am leaning towards it being a low, Then up to mid-November. Next cit after that is 11/20-21. fwiw.

  169. Shorting here with a stop at 1424

    • SS76
      November 1, 2012

      I guess you got stopped out. I think this rally is going to reverse today.

    • I am using some pivitol numbers from Pivital number organization. I am still not stopped out. I am specifically using the Dec sp My line in the sand is Dec sp 1424 The high has been 1423.5 I suspect I may be stopped out here shortly thou.

  170. ZigZag
    November 1, 2012

    Mystery chart is screaming higher this morning. I will add to my longs on any weakness.

    http://tinyurl.com/cjxpuh6

    • Stockboom
      November 1, 2012

      ZZ, what is your target for high…sorry date! LOL I know you don’t work on price…

      Anthony, is 1430 is your target to short?

      Thank you

      • Anthony
        November 1, 2012

        1433 ish.

        • aiihotline
          November 1, 2012

          Indeed. Bullish wave count, wave 1=1418-1403, wave 2 low=1405. Wave 3 should be 1433–1434. Bearish wave C=A= 1420, we’ve exceeded the area, so the next target is C=1.618A=1433 area.

      • ZigZag
        November 1, 2012

        Hi Sb,

        There are two weekly time frames that I’m watching. One is the week of November 19th and the other is the week of December 24th. I should be able to narrow it down to which one after the election.

    • aiihotline
      November 1, 2012

      ZZ, your long position is based on early Nov. low and late December high as your correlation map right? Thanks!

      • ZigZag
        November 1, 2012

        Hi aiihotline,

        That is correct. It’s possible the early November low might have hit yesterday.
        Right now I’m watching the week of Nov 19th, but I think we get sometime closer to late December for the high.

        • Michael
          November 1, 2012

          Great call yet again ZZ. Grateful for your work. Are you still watching Nov 8 from the other correlation chart ?

          Thanks again

          • ZigZag
            November 1, 2012

            Thanks Michael 🙂

            Yeah, I’m still kind of watching the 8th. If we’re coming down towards that date, I will likely add another batch long. My guess is we’re going to see a move higher similar to what happened after the Tsunami in Japan.

    • SS76
      November 1, 2012

      ZZ, didn’t you have a significant low for Nov 6th?

      • ZigZag
        November 1, 2012

        Short term cycles were hitting earlier. That’s why I mentioned to start a long position yesterday. We could still drop before the election and I will add another batch long if we do.

        • SS76
          November 1, 2012

          got ya, thanks!

    • ZigZag
      November 1, 2012

      Hi Pindar,

      If history is any guide, I think we’ll be higher by late November. We could still drop before the election, but I think the correlation hit early and the November low might have already hit.

  171. Anthony
    November 1, 2012

    If you refer back to the roadmap. That small peak in time is November 4th, well Nov 4 is a weekend, so next week could be the drop zone which Rotrot is also suggesting

    cheers.

    • SS76
      November 1, 2012

      SPX can’t seem to get past 1420. That is an important mark. If it doesn’t do it this morning, I suggest that we end the day red again.

  172. rotrot
    November 1, 2012

    Anthony, you are on to something…seems like my approach is similar to ZZ’s…on another note, today may prove significant…will it mark a high (as of the close) that leads to a very ugly week or so?

    Anthony
    November 1, 2012

    Hey Rotrot, maybe you should take up fishing like ZZ

    • Anthony
      November 1, 2012

      I think you skip entree and desert and just have a big and long main course…….

      • rotrot
        November 1, 2012

        “…will stick with yesterday’s daily sell signal until my system signals a buy…”

        rotrot
        September 26, 2012

        pindar13…not a day trader…swing (trend) trading is my approach…there are always counter trend moves…however, the daily squiggles and wiggles are not for me…will stick with yesterday’s daily sell signal until my system signals a buy…good luck with your trading…

  173. rotrot
    November 1, 2012

    SPX trend trader…ditto…

  174. rotrot
    November 1, 2012

    NDX trend trader…the white/blue trend indicator is clearly bearish…the yellow histogram is negative…the pivot indicator is pointing down…the pink CCI has more room to drop…the trend remains down…good luck with your trading…

    • Anthony
      November 1, 2012

      Hey Rotrot, maybe you should take up fishing like ZZ 😉

  175. augold
    November 1, 2012

    Hi all , just merely sharing for educational purposes 🙂 . Some forecast methodology attempted by Thomas Bulkoski’s simulating Larry Williams Forecasting Techniques. http://thepatternsite.com/Forecast.html.

    • Anthony
      November 1, 2012

      Thanks for sharing, one of Larry Williams techniques is to take all years ending with the same number ie 2012, 2002, 1992 etc etc. Imho, he’s an indicator machine, none of them, not a single one, is focused on time.

      • centsabletrader
        November 2, 2012

        If you’re into indicators, LW is the man.

  176. Anthony
    November 1, 2012

    Gannman

    Thanks very much for your ongoing contributions to this site. Your input is much appreciated.

    Cheers
    Anthony

    • gannman
      November 1, 2012

      jumping in my boat and heading your way one of these days ……….you are welcome mate

      • Anthony
        November 1, 2012

        Anytime. Hope youve got big arms Gannman, its a big pond 😉

  177. gannman
    November 1, 2012

    bunch of kids at my door …got to start giving out candy ……….hers some candy ..happy Halloween………….http://content.screencast.com/users/gannman/folders/Default/media/2c40906f-4f57-4df9-a29a-8540427d7018/spy%20weekly.png

    • gannman
      November 1, 2012

      oops spell check ….here’s

    • augold
      November 1, 2012

      thanks so much gannman for your regular kind contribution of colorful charts 🙂

  178. gannman
    November 1, 2012

    futures in the red ………….if this helps anyone ………..http://www.screencast.com/users/gannman/folders/Default/media/c9e973e2-12b2-4f86-9614-b7f5a3afefa9

  179. ZigZag
    November 1, 2012

    Mystery chart is still holding here.
    http://tinyurl.com/cehq6dl

    Have a safe Halloween 🙂
    http://tinyurl.com/c4b2ppu

    • centsabletrader
      November 2, 2012

      Whole new meaning to snap shot. One of my sons favorite movies. Very funny clip.

  180. curiousmind
    October 31, 2012

    Platy, Oct 28 was CIT date for gold and silver and also the dollar. Do you think gold and silver have made its low already? Also the dollar certainly doesn’t “feel” like making a top….What should we expect about gold and silver and dollar for next month?

    • platypusfoot
      October 31, 2012

      Hi Curiousmind, Yes the 28th was an important CIT but so is today (Ceres Rx). So we may have a bear flag in metals. This is my leaning.

      On the other hand, metals broke out of a declining channel today which is very bullish. So we have mixed signals unfortunately!

      The next important dates are Nov 1 Uranus-Venus opposition, Nov 2 Golden Triangle and Neptune going direct on Nov 11.

      • curiousmind
        November 1, 2012

        Hi Platy,

        Some analyst said that gold is forming a cup and handle chart, right now is at the making the handle stage, with bullish target to 2000. Sme are expecting 1660 before the next bull run. However, looking at the gold miner today, it is bullish for gold….very conflicting signals indeed

        By the way, what is your view on the dollar? Thank you

        • platypusfoot
          November 1, 2012

          Oh yes, on the long term charts I am very bullish gold! And very bearish for the dollar. I think by the end of the year the dollar will be much lower and gold much higher.

  181. Anthony
    October 31, 2012

    A bounce into the 1430’s and im short.

  182. http://stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=10&dy=0&id=p95028204502&a=202056525
    Some thing to consider here with the full and the new moons.

  183. gannman
    October 31, 2012

    here’s a more likely scenario to play out ..please use stops and wait on technical confirmation ….i am using the 2 hr and 4 hr chart for the spy………hope this helps someone out there……http://www.screencast.com/users/gannman/folders/Default/media/8884da58-eba0-4701-bf11-371e52e68a84

    • Gannman, that is very close to my way of thinking in the near time frame. I am hoping to get out of my 1/3 short here in the next day and wait for a small retrace in the markets to reload for the down side.

    • investbb
      October 31, 2012

      Hi Gannman

      Looking at the chart, wondering what happen near the beginning of this year. Looks like inverted big time there. Wondering if you see that being happening again very soon with this drop you forecasting? is that a reason why you mention use stops?

      Thanks!

      • gannman
        October 31, 2012

        you always use stops …cause you want to trade with the trend and never against it…the stops will always protect your capital ……and keep you on the right side .. use your technicals ……but confirmation rather than anticipation……………..cheers…

  184. After looking at the CPCI chart, I will hold off from selling my last !/3 of my shorts. I believe we are still in a vulnerable area for a flush. I am more concerned for early next week, where we could see the 1376 level.

  185. ZigZag
    October 31, 2012

    Long one batch. Will add on dips.

    • guelph1
      October 31, 2012

      thanks ZZ
      I also went long 1/3 position. will sell though if we go to 1440
      I think stop sb just under 1400 ES or will you give it more room?
      thanks for posting your trades & your help

      • ZigZag
        October 31, 2012

        Hi guelph1,

        I’m not the best on price stops as I only follow time, but I’d give it a bit more room. The time frames that I’m following were all close to bottoms around this time after a weak October. Trying to get positioned ahead of this one 🙂

        • steventrees
          October 31, 2012

          Due to the hurricane, shall we postpone two days on time chart?

          • ZigZag
            October 31, 2012

            Hi Steve,

            Hmmmm, That would get us to Nov 6th.

            I wonder what’s happening on Tuesday? 😉

        • Rezito
          October 31, 2012

          Hi ZigZag
          Thanks for posting your trade. If you see Nov 6-8 as a CIT wouldn’t you expect panic selling at some point closer to those dates? Usually a multi week bottom is marked by some heavy selling.

          • The Nov 6-8 th of Nov is where we may see a good fush with the markets.

            All the best everyone.

          • ZigZag
            October 31, 2012

            Hi Rez,

            Panic selling could still happen. I just couldn’t find any evidence of it happening in the past this close to the election.

            Mystery chart is still holding it’s weekly support.

            • Rezito
              October 31, 2012

              Hmmm…do I hear ZigZag now playing a little bit of price too? 🙂 OK! You’re keeping me on my toes…lol
              I see why you’re going long now.
              I’m leaning towards a good posibility that we’re going to see a lower low at the end of Dec. one indication is that over the last 6 months less and less stocks have participated in rallies…will wait and see.

          • beetlejuice
            October 31, 2012

            Rez I’m with you on this one. I also believe we haven’t had the high volume selling and reversal to put in a sustainable bottom.
            Internals are weak to say the least.

  186. Still waiting to sell off my last third of my shorts. Hoping to reload at the higher levels for what I see as a significant low next week.

    All the best everyone.

  187. gannman
    October 31, 2012

    caution advised …………we may not see the 2 day upside move ………….will know in the last hour for sure ……………venus opposition uranus thursday …just loaded up on first batch of shorts………………use stops ……….

    • kygold61
      October 31, 2012

      gannman, a couple weeks ago you said, “the swift move down will begin 11/1/2012 lasting for at least 3 weeks”. Do you still see this scenario playing out?

      Thanks

      • gannman
        October 31, 2012

        yes sir

    • James
      October 31, 2012

      S&P looks weak. Elliott Wave people are probably thinking a third, or third of third ahead. Crude is looking similar. The ES corrected only 27-37%, depending on where you put the bottom tick.

  188. Witold (@delubicz)
    October 31, 2012

    Hi ZigZag,
    you have lost all of your comments after October 25
    best regards

    • Anthony
      October 31, 2012

      Newest comments at the top.

    • Witold (@delubicz)
      October 31, 2012

      sorry,now I can see it,thanks

      • Anthony
        October 31, 2012

        No problem 🙂

  189. Michael
    October 31, 2012

    Hi All

    Looks like Anthony is anticipating a sell-off and ZZ expecting an opportunity to go long ( seems to be underway ?)

    Am I right

    Thanks

  190. myuniversalworld
    October 31, 2012

    Hi all I just noticed that the latest posts are not here anymore. The last post is dated the 25 of October is there a problem the page?

    • Anthony
      October 31, 2012

      Look to the skies my friend, latest posts are up the top 🙂

    • myuniversalworld
      October 31, 2012

      Sorry I just worked it out, new posts are now at the top of the page 🙂

      • Anthony
        October 31, 2012

        Pindar’s idea 😉

        • Anonymous
          October 31, 2012

          And a good idea it was. Thanks for implementing it.

  191. Arch Crawford astrologer, stated today the last 6 out of 11 crashes have occurred during mercury retrograde period during Mars/ Uranus crash cycle. Perhaps Peggy could elaborate further on these aspects for such a significant time.

  192. Anthony
    October 30, 2012

    Just looking at the 4hr chart. Gannman is correct in what he is saying, the stochastics on both charts are painting 2 very different pictures. On the daily there are saying there is a lot of room to go. On the 4hr they are indicating that we are nearly in the overbought zone.

    On the last 2 occurrences that the stochastic moved up-to the overbought area the market continued upwards for 20-40 pts.

    If we assume that the overbought signal will be made around the 1420 area then we still have another 20-40pts of upside. This would put us in the secondary target area of 1442-1444. On a daily chart this should also put us around the 50 level on the stochastic, so it would not signal any overbought situation until you moved to the 4hr time frame. I expect that at this point the market will sell off hard.

    Im expecting this scenario to play out into Fridays close with potential spill over strength on Monday, although Friday is my target due to a 4 Nov Sunday CIT date.

    If you refer back to the roadmap that i posted yesterday you can see that we are heading into a high before the sell off that a lot of us have been anticipating.

    Cheers

    • testy99
      October 31, 2012

      Hi,
      I don’t see overbought on the 4 hour stochastic….Both the daily SPX and 4hour stochastic look like oversold to me on the chart. what i am missing? tks in advance.

  193. Anthony
    October 30, 2012

    Pindar we’ll try this new comments at the top.

  194. SS76
    October 30, 2012

    Don’t forget to donate guys…..I think its important that we give what we can when we can, especially if the trades here make you money.

  195. bobthedufus
    October 30, 2012

    Gannmann – based on your screen shots, I think you are using GMDH Shell for modeling … how do you find the software’s quality for forecasts? I have been looking at it for a while but have not made up my mind yet.

    Anthony, ZZ & Platy – you are doing a phenomenal job by sharing your expertise for free …. plenty of good wishes & blessings heading your way. Your kindness and gratitude is second to none. Thanks tons for all your hard work.

    • Anthony
      October 30, 2012

      Thanks Doof……:)

  196. Stockboom
    October 30, 2012

    are market higher then friday close as of now? or you expecting big down day at tomorrow opening?

    Thanks

  197. ZigZag
    October 30, 2012

    FBN news just said the NYSE expects normal opening tomorrow.

    • myuniversalworld
      October 30, 2012

      Hi ZZ will you still be looking at a short set up this week or next or are you just waiting to go long again.

      Thanks you all for your great work

      • ZigZag
        October 30, 2012

        Hi myuniversalworld,

        Getting close to my election low now, so I’m in cash waiting to go long again.

  198. gannman
    October 30, 2012

    The trend is your friend and using STOPS will always keep you with the trend …..besides keeping your ego in check ………..next 2 weeks great opportunity to make $$$$$$$$$$$……what makes this a great site is the timely and selfless contributions of everyone out here……….Thanks to one and all ………..keep up the good work ………..

    • kygold61
      October 30, 2012

      gannman, a couple weeks ago you said, “the swift move down will begin 11/1/2012 lasting for at least 3 weeks”. Do you still see this scenario playing out?

      Thanks

  199. ZigZag
    October 30, 2012

    The weekly mystery chart has held this support line since Aug 2011, should be interesting to see what happens this week. I’ll bet it holds it..

    http://tinyurl.com/9rzjkb5

    • investbb
      October 30, 2012

      Hi ZZ

      looking at your longer term forecast chart posted before, we are to drop hard into early November. If you now betting the support will hold, doesnt that mean we go higher? confused, did something changed?

      As well with the cash market being close in uncertain amount of time right now, does that affect your forecast at all? such as delay happened?

      Thanks!

      • ZigZag
        October 30, 2012

        Hi investbb,

        Nothing has changed. My forecast over a year ago was to see new highs by mid Sept and a low around the election. The reason I covered on Friday is because we’re now very close to the election and need to start watching for signs of a low to go long. Sure, we could drop more, I just think the odds aren’t as good as they were in early October. The correlation is based more on time than price.

        The market closing shouldn’t change anything to the forecast.

  200. gannman
    October 30, 2012

    you are welcome ………………..my 2 cents mercury goes retro nov 6-26……its a day traders feast ……….market will change trend every 2-3 days please use 2 hr or 4 hr charts ……….looks like… US elections may get delayed ……………..with the aftermath of the storm

  201. gannman
    October 30, 2012

    2 cents ………………please use stops …………….SPY………….http://www.screencast.com/users/gannman/folders/Default/media/f57e38e2-61d3-4899-b53f-2a3bbc0d6e48

    • SS76
      October 30, 2012

      Thanks GM. Can’t tell on my BlackBerry , but what SPY level does that next peak predict over the next couple days?

    • platypusfoot
      October 30, 2012

      Great work GM! Thank you!!

    • Anonymous
      October 30, 2012

      Hi GM,

      Could you give a little interpretation please

    • Anthony
      October 30, 2012

      G’man – Fourier Transform?

  202. gannman
    October 30, 2012

    2 cents for anyone trading silver …slv ..http://www.screencast.com/users/gannman/folders/Default/media/3133a4ba-31c4-4a5a-bd5a-15f0bab281ba…………….use stops

    • Anthony
      October 30, 2012

      G’bomb you never cease to amaze me!

    • platypusfoot
      October 30, 2012

      Nice!

  203. The CME Group (CME)
    said U.S. equity index futures and options on futures markets will
    open at 6 p.m ET for overnight electronic trading, but will close
    Wednesday morning at 9:15 a.m. ET. for both the trading floor and
    electronic trading.

  204. platypusfoot
    October 30, 2012

    Closed /es short. In cash.

    • testy99
      October 30, 2012

      very nice Platy..congratulations…

    • SS76
      October 30, 2012

      Congrats Platy, and wise. ES made the lower low, and now seems poised to head up into the 31st. I think the market being closed today and yesterday was a blessing.

    • platypusfoot
      October 30, 2012

      Thank you Testy and SS76 🙂

  205. karen1650
    October 30, 2012

    Well, going back to my chart it is down into the 30th, so far we are following the chart….then on the 31st it shows a bounce, then down on 1st into the 2nd…

    Whether it continues to follow the chart exactly the rest of the week…??

  206. platypusfoot
    October 30, 2012

    Saturn today is almost exactly 144° from where it was on 9/11.

  207. Klaas
    October 30, 2012

    above are the futures !! SPX target 1380 and low 1225 …anyone has the same targets ?

  208. Klaas
    October 30, 2012

    When i look at the montly chart i see a 100% perfect Wolfwave pattern .This one has a target of 1220 !!! . When i use fibbs to that target the first target is 1375. Maybe thats the target for November low ??

    • James
      October 30, 2012

      Could you post a chart or list the # 1, 2, 3, and 4 points of this Wolfe Wave. Thanks.

      • Klaas
        October 30, 2012

        I can tell you but not show you because a sold my Ensign because a lost a lot the last weeks 😦
        Look at the weekly chart :
        point 1 = top april 2011
        point 2 = low okt 2011
        point 3 = top March 2012
        point 4 = low May 2012
        point 5 = top Sept 2012

        Draw a line from 1 to 5 and target = 1220

        • James
          October 31, 2012

          Condolences and thanks, Klass. I think you mean the 1-4 as the downside WW projection? Good link on WW: http://www.chart.nu/wolfewave.htm

          • Anthony
            October 31, 2012

            Hi James, welcome & thanks for sharing.

  209. SS76
    October 30, 2012

    Ok, question for those who were looking for a lower low. When you look at ES, it’s low yesterday was 1397, and so far tonight its held close to there again. Wouldn’t that perhaps count? and we could then move up into the 31st?

    Anthony, in your current position, you stated you are looking for 1424 to start shorting, are you staying in cash until then? Not interested in going long?

    Now for all who figured last week since we closed over 141.33 on Friday that we would get 3 positive days until the Oct 31st CIT…..if that is no longer a CIT as we haven’t been positive so far (a lot could change tomorrow), then whats next? Continued down into November 5th? ZZ has that is the next low, whereas Anthony had either October 31st as a High or November 5th…..so far the only hope is November 5th, but hey, Markets can turn on a dime.

    Platy, this is for you. If I understand you correctly, you now see the Oct 31st CIT changed to Nov 2nd? You said you are waiting for a low in ES, what signals are you looking for in determining thee low?

    • platypusfoot
      October 30, 2012

      Oct 31 and Nov 2 are both important CITs. My most important criteria for a low is at least 38.2% retracement.

    • Anthony
      October 30, 2012

      SS76 i think due to the holiday closure we are up into 05/06 November as per the updated roadmap.

      I will not be looking to go long as this is against the trend.

  210. ZigZag
    October 30, 2012

    I’m still seeing multiple hits on Nov 6th, and I’ve been noticing that Nov 20th has been popping up a bit in some longer dated charts..

    There’s way more lines on this chart, but I wanted to keep it clean and simple.
    http://tinyurl.com/8wh2bhm

    I found some good music for election day. It’s probably better suited for halloween though. 🙂
    http://tinyurl.com/9s8c9ay

    • guelph1
      October 30, 2012

      Hi zz
      Do you think Nov 6 is a high and than down into Nov 20?

      • ZigZag
        October 30, 2012

        Hi guelph1,

        Correlation says low, so I’m leaning towards that. The 20th just might be the double bottom we’re looking for before going higher. It’s so close now it’s why I decided to cover on Friday.

    • platypusfoot
      October 30, 2012

      Marco just pointed out to me the Mars-Jupiter-Saturn Golden Triangle on November 2 which I talked about on the Pentagon post but forgot to track it for the markets! So I added that to the CIT dates and it is just 2 trading days from the 6th.

      The 20th is a very important geocentric Ceres-Mars opposition.

      • Anthony
        October 30, 2012

        Platy, Zig

        You guys are all over it like a cheap suit, great work.

      • ZigZag
        October 30, 2012

        Very interesting……Thanks Platy!

  211. SS76
    October 29, 2012

    Anyone thinking going long OIL here or anytime soon? I personally would like to see it closer to $80, but thinking Long is the way to go here for post election. I see $100 OIL by Christmas.

  212. apanalis
    October 29, 2012

    I still remember the 2nd of november about the Pentagon, platy. Thanks for your explanations

    • platypusfoot
      October 29, 2012

      Oh yes, that’s right! I’d forgotten already.

  213. apanalis
    October 29, 2012
    • platypusfoot
      October 29, 2012

      It is a strange look for the City that Never Sleeps!

      • SS76
        October 29, 2012

        So, looks like no trading until Wednesday…that should mark the high Platy still in your view?

        • platypusfoot
          October 29, 2012

          I’m still looking for a low to dump my /es short and get long silver. I don’t think we have hit the low yet.

          • SS76
            October 29, 2012

            I’m struggling Platypus with how you are looking for price, when time is moving along…..when we get to Oct 31st and the Ceres Retrograde, that should be your high……if its not, what does that mean to the work itself, and your plan?

            • platypusfoot
              October 29, 2012

              Gold and /es are close to but have not hit 38.2% retracement yet. I’m still bearish until either that happens or they break above resistance. Why should Ceres Rx be a high?

              • SS76
                October 29, 2012

                Hi Platy, no I suppose it doesn’t have to be a high, but in that thread I thought you or someone else had posted that it almost always was a high. So, if its a low, you see the next high on the 5th? Trying to align your thinking/work with the roadmap Anthony has.

                • platypusfoot
                  October 29, 2012

                  Whenever you have to chose between my outlook and Anthony’s, you’re probably safer going with Anthony. Anthony is much better at roadmapping than I am. I’m just playing of the signals I see as of today. I already got out of my silver short and was planning to get out of /es today and looking to go long, but I’ll only go long if the drop is big enough.

      • apanalis
        October 29, 2012

        Right click to see all the images

  214. apanalis
    October 29, 2012

    platy, the pentagon could be affected by the hurricane? you wrote days ago about the date of 2nd of nov12. It´s close to it. How many days is the duration of it?

    • platypusfoot
      October 29, 2012

      There are a lot of dangerous aspects going on about now. Neptune, Saturn/Sun and Ceres are all in trine with a kite aspect to the galactic center. Uranus is square Pluto and Ceres. Neptune is square the Moon’s nodes. Mars is opposing Jupiter. All of these interactions happening at the same time puts stress on the Earth manifesting in disaster. Canada also suffered a 7.7 earthquake over the weekend. Maybe somehow we have some kind of inner ability to sense this kind of danger, and this negative feeling (fear) is what has brought the market down.

      Ceres goes retrograde on the 31st, and Venus joins the Uranus/Pluto/Ceres square on Nov 1st.

      • platypusfoot
        October 29, 2012

        And full moon today!

  215. apanalis
    October 29, 2012

    Nobody writes here, what about the hurricane? News from people from East Coast

    • platypusfoot
      October 29, 2012

      Our prayers are with those in harm’s way. Hope everybody is safe and dry.

      • apanalis
        October 29, 2012

        Yes, platy, very nice observation

  216. apanalis
    October 29, 2012

    Is usual to vote on no-weekend in US?

    • platypusfoot
      October 29, 2012

      Election day is always on a Tuesday. November 6th this year.

      • apanalis
        October 29, 2012

        Curious, Any reason? Was the first time on tusday? Thanks, platy, you are always so kind.

        • platypusfoot
          October 29, 2012

          Good question. I don’t know why.
          Thanks Apanalis 🙂

  217. Stockboom
    October 29, 2012

    Guys,

    Historically ( for 100 years) this week should give us hint on who will win the presidential election…except one time, market rise this week then current president will hold the office, if market sell off this week then Romney has all possibility to become president….if obama wins then we will see new high by end of december…or else who knows…

    Anyone has more data on this important indicator?

    cheers

  218. NYSE Arca Equities Rule 2.100, NYSE-listed trades will be identified on the Consolidated Tape with the NYSE exchange designation ‘N’, and quotes will be identified as NYSE quotes on the Consolidated Quote stream. During such a contingency plan, NYSE member organizations will be permitted to enter orders in NYSE-listed securities directly on NYSE Arca, even if not approved as an NYSE Arca ETP Holder. Details can be found at the “Print as N” link below.

    While trading at NYSE MKT will not occur during this time,NYSE MKT member organizations that are also Arca ETP Holders may send orders in NYSE MKT-listed securities to NYSE Arca. Quotes and executions in Tape B and Tape C securities on NYSE Arca will continue to be reported as ‘P’ and there will not be a primary print for NYSE MKT-listed securities.

    Since trading will still be open electronically, it will be interesting to see what this event does to the market as a whole, good or bad. Even though the closings are slated for Monday only, it could be expanded depending on the severity of Hurricane Sandy.

  219. curiousmind
    October 29, 2012

    I am wondering how things may be affected now that Oct 29, the market will be closed and may even extend till Tuesday, how does that affect the CIT dates?

    • platypusfoot
      October 29, 2012

      Good question! I don’t have enough experience with this type of thing to give an answer.

    • platypusfoot
      October 29, 2012

      Futures still running, so we should be able to see CITs on their expected dates I think.

  220. karen1650
    October 29, 2012

    is the market closed tomorrow because of the hurricane?

  221. karen1650
    October 29, 2012

    Been looking at the charts, turn dates and astro’s and there are two turn dates this week, Monday and Friday…

    My chart says we are down on Monday into Tuesday….then bounce on Weds, then down into the 2nd…the full day of the 2nd is missing, so since it a turn day, it may turn up that day at some point.

    There is a Venus Uranus aspect on Thursday this can be either positive or negative…it can be erratic…so the chart I am looking at has a big move up on Weds, then a big move down on Thursday…

    Venus aspects will throw this chart off, so sometimes the chart will show a big move down (like the one on Thurs), but sometimes Venus will just accelerate the market to the upside…

    ZZ, Anthony, Platy, do any of you see a turn on the 30th, and then again on the 31st?

    My other charts suggest that we see the bottom on the 29/30th…

    • platypusfoot
      October 29, 2012

      Hi Karen, 29th is a full moon, and 31st Ceres goes retrograde.

  222. Klaas
    October 29, 2012

    Hi Anthony ,still thinking to short above 1424 and not going long for a 30 points rally ?
    When we are not reaching 1424 where is your point to go short again ?
    Good luck this week !!!!

    • Anthony
      October 29, 2012

      I think the fact that we should have been seeing some decent strength out of the last low, we havent, so this tells me that there is more weakness ahead. All i can do at this stage is watch where price is as we come into time. We may still get those higher prices but around the 04/05 November instead of today.

      I will be looking at where we close today and if its anywhere near the 1424 level ill take a short with a wider stop, we should still be okay into mid November.

      So were just trading time rather than price.

  223. Anthony
    October 29, 2012

    CITs and high/low progression based on dominant roadmap for this week are

    29 Oct (high)
    01 Nov (low)
    04/05 Nov (weekend CIT) (high)

    • SS76
      October 29, 2012

      Hi Anthony. If you have tomorrow as a cit, what if you don’t see 1424 – 1434, do you think it will come as others are suggesting on Oct 31st?

      • Anthony
        October 29, 2012

        Hi SS76 it may come on 04/05 November, the question is whether it will be a lower high.

  224. Peggy Mateer
    October 27, 2012

    I’ll try to work on it this weekend and post something before the open on Monday.

  225. Peggy Mateer
    October 26, 2012

    The major transit controlling price was sun 0 sat with a planetary price of COMPX 2961. The timing for this low was determined by two oppositions, one of which was connected via biquintile to sun 0 sat. I’m noting again that COMPX seems to be the most accurate of the indices. INDU (for this planetary combination) had a price of 13099 and had been “vibrating” to that price for the last few days. It takes a lot of preparation and vigilance to identify and trade these cits but my point is that time and price in the market is rational.

    • simon1080
      October 26, 2012

      Peggy are your astro cycles calling for a high around the 31st and low on Nov 6th?

      • Peggy Mateer
        October 28, 2012

        taking a look at next week’s transits and es/spx planetary prices (will try to add compx and indu prices later)…there are two major transits taking place this week – mars 180 jup and sat 120 ceres. also, as platy pointed out, ceres goes retrograde on 10/31.

        mars 180 jup = 1421
        ceres and ceres 120 sat = 1428 and 1433

        10/29
        before the open, 1399
        near the open, 1425
        midday, 1401, 1421
        end of day, 1394-95, 1403-04
        other possible prices for 10/29 1403, 1407, 1410, 1416.5

        10/30 -31
        1403, 1407, 1410, 1415-1416.5, 1421, 1425-26, 1428, 1433

        11/1 – interesting transits with focus on ceres/sat
        prices: 1403-04, 1407, 1415-16, 1422, 1424, 1426, 1428*, 1433*

        11/2 – interesting transits with focus on mars/jup
        1403-04, 1407, 1415-16, 1421*, 1423-1424*, 1426, 1428, 1433

        if prices move outside this range, I’ll update. all fwiw! please don’t make trading decisions based on this work. 🙂

        • platypusfoot
          October 28, 2012

          Thanks so much Peggy!

      • Peggy Mateer
        October 28, 2012

        I haven’t done enough on it yet but if I had to guess I’d say a high 10/31-11/1 and a low 11/8-10.

    • SS76
      October 27, 2012

      Thats brilliant. Thanks for sharing and particularly explaining what it is these planetary movements are telling you.

  226. Peggy Mateer
    October 26, 2012

    I went back over the planetary prices and compx 2961 LOW today was exact on the Sat0Sun price for today. 2966 was Sat0Sun 120 Nep. details, details! also, nailing this low in place was ven 180 moon and jup 180 mars – AND moon 144 Sat0Sun. If I’d paid better attention, I would have pounded the table a little louder.

    • SS76
      October 26, 2012

      Ok, now in English, lol. Just kidding, but not really, I don’t understand that stuff at all!

  227. testy99
    October 26, 2012

    i am waiting for 2 more new lows as well before jumping in…i think the lows may reach around 1390 before going higher imo

  228. gannman
    October 26, 2012

    would short slv only if it goes below 30.97…30.90…my 2 cents.use stops

  229. gannman
    October 26, 2012

    correction …correction must close above 141.33 today

    • SS76
      October 26, 2012

      ok, big difference. That is looking like its going to happen. In fact, feeling like a rally to end the day…

    • guelph1
      October 26, 2012

      wow, closed at 141.35
      so, are you expecting up for a couple days?

  230. SS76
    October 26, 2012

    Gannman, it doesn’t look like we’ll get that close over 142.33 on SPY today. Anyone think short Silver is a good idea here?

    • platypusfoot
      October 26, 2012

      I re-shorted silver earlier today.

      • tfinavia
        October 26, 2012

        Hi Platy,

        Would you be looking to cover Silver short on Monday on the full moon timewise? Or you have any definite target to achieve on the price to cover the short?

        Thanks!

        • platypusfoot
          October 27, 2012

          Hi tfinavia, I’m kind of playing it by ear. Gold hasn’t even touched 38.2° retracement yet so I don’t think this correction is over. But we may be in for a bump before the last drop and I won’t tolerate much more on the upside before stepping aside. The 10 DMA held off the rise today and I have Monday as a possible important turn date. I only have a small short so I figured it was worth the risk that we will head lower.

          My target is around 31ish for the correction.

          • tfinavia
            October 27, 2012

            Thanks Platy! I appreciate the response. Here is one good looking Gold chart I found:

            http://stockcharts.com/public/1178409

            • platypusfoot
              October 27, 2012

              That’s very helpful! Oingo Boingo!!
              Thanks tfinavia!

  231. gannman
    October 26, 2012

    spy must close above 142.33 on the daily close today in order to get a 3 day run up …before heading down …failure to do so will result in further downside…..max move upside is 30 points as Anthony mentioned ………..just my 2 cents …….

  232. ZigZag
    October 26, 2012

    Another reason why I decided to cover today.

    http://tinyurl.com/94zfxu9

    I just don’t like my odds being short here until I see the market rise again. I could be wrong and we crater again.

    • karen1650
      October 26, 2012

      ZZ, do you have today or possibly Monday morning as the low? I have a couple of charts that say we bottom around here….

      • ZigZag
        October 26, 2012

        I think it’s likely today. I have more symmetry that’s coming from way back that hits here today too. I usually give it a couple days of leeway.

    • Michael
      October 26, 2012

      Why are you not going long ZZ

      • ZigZag
        October 26, 2012

        Hi Michael,

        Correlation is telling me to wait until election time before going long. We’re sort of in a dead zone here.

  233. karen1650
    October 26, 2012

    The divergences have been playing out the last couple of days…

  234. rotrot
    October 26, 2012

    talented market technicians (yours truly not included) have been ‘seeing’ positive divergences…however the market continues to sell off…something significant and ominous could be in play…time will tell…good luck with your trading…

    rotrot
    October 25, 2012

    NDX & SPX daily trading charts are ‘flashing’ positive signs…however, do not intend to trade long…AAPL earnings this afternoon…good luck with your trading…

  235. ZigZag
    October 26, 2012

    Seeing divergence in 120min mystery chart.

    http://tinyurl.com/9zqk9md

    • SS76
      October 26, 2012

      Can’t see it ZZ here at work….you looking at a positive divergence?

      • ZigZag
        October 26, 2012

        Hi SS76,

        Yes, positive divergence. The mystery chart has not made a new low.

  236. rotrot
    October 26, 2012

    beetlejuice & apanalis…not sure what price levels will be hit on the indices…however, agree with both of you on the market direction for the next two weeks…good luck with your trading…

  237. karen1650
    October 26, 2012

    On the last correction in May Apple found support on the lower trendline (which is now forming a bear flag) while the SPX ended wave 3, then Apple bounced with the market, then the market pulled back and Apple got a higher low while the SPX headed down to wave 5 of C on June 4th.

    Should the same happen, APPL would find support around 586 (possibly by Monday?) then the market bounces, then we get one more wave (wave 5) down to finish “C”.

    In this scenario I am assuming we bounce Monday, and then head back down into somewhere around the 1st? We’ll see how this plays out…

  238. karen1650
    October 26, 2012

    I guess the “Big” move today resolved to the downside…

  239. centsabletrader
    October 26, 2012

    Heads up guys. Look at what GM posted some time ago.
    http://www.screencast.com/users/gannman/folders/Default/media/b77249e6-8554-410b-bea8-0f4fad83f280
    Big drops after aspect, but look at lead up to aspect. Demark might be right for a quick up then down. The down after the aspect was similar to the up before it.

  240. Peggy Mateer
    October 26, 2012

    The market is still “vibrating” to the sun 0 sat prices of 13099 (indu) and 2966 (compx). Compx low today (so far) = 2971. Indu currently at 13095.

  241. karen1650
    October 26, 2012

    Another chart that I have says we see “the” low on 29/30th, then up into Nov 6/7th, pullback into Nov 11/12, then up into Dec 4/5th, then down into Dec 12/13th then up into Dec 24th. It basically mirrors ZZ’s chart.

    But it’s hard for me to believe this chart unless we get a big move down Monday…the wave count seems to need another move down IMHO…

    I will have more insight on Sunday/Monday..as far as today…the VIX just moved back above the 200dma, so this needs to resolve to the downside before we get any move up today…

  242. ZigZag
    October 26, 2012

    Hi Pindar,

    Yes, I covered all this morning. Will watch next week for another short setup.

  243. Anthony
    October 26, 2012

    Looks like we are selling off on the GDP numbers but expect a late day recovery and strong close. Will be starting to build shorts above 1425.

    • Klaas
      October 26, 2012

      Anthony ,its possible that we go down from here to one more low .When that happen today ,are you looking to buy for a move to 1425 or is that out of the question ?

      Thanks

      • Anthony
        October 26, 2012

        Klass it would be suicidal to buy here imho.

  244. karen1650
    October 26, 2012

    For today, I guess it’s still possible we drift lower, better GDP numbers and the market is not enthused… for next week: the weekend is hard to gauge, not that reliable, but it says we are down over the weekend , and then bounce on Monday morning don’t know what happens the rest of the day or week …

    Without looking at any charts, astro’s say the the 31st/Nov 1st could be negative given the aspects, so I am assuming that if we bounce on Monday, we could be down into the 1st….???

    • aiihotline
      October 26, 2012

      Thanks Karen for your info.

  245. karen1650
    October 26, 2012

    Indicators that I have say we are setting up for a big move either today or Monday….the chart shows a pop and drop, but at the same time, we did not open higher this morning, so don’t know how valid it is at this point…we could get a big move up today, don’t know….

  246. aiihotline
    October 26, 2012

    Karen,
    Still pop and drop view in your sheet?
    What’s your outlook for next week?
    Thanks!

  247. Peggy Mateer
    October 26, 2012

    planetary prices (es) for today:
    1369
    1373*
    1378
    1381*
    1384*
    1387-88
    1397.5
    1403-04
    1407
    1410
    1413
    1416.5

    • SS76
      October 26, 2012

      Why do you have stars beside the first set of support numbers?

      • Peggy Mateer
        October 26, 2012

        They look like strongest support for today…

  248. apanalis
    October 26, 2012

    I agree with you beetlejuice

  249. apanalis
    October 26, 2012

    I agree with you.

    Regards

  250. gannman
    October 26, 2012

    gdp numbers in 10 minutes ………..someone just sold 32,000 vix nov 19 strike calls for $1.95………..meaning he hopes the market goes up from here ……..if not he is out of $62,400 bucks …………..roll the Dice …….

  251. beetlejuice
    October 26, 2012

    Apanalis, buddy I don’t have targets for this move per se. I am predominantly a pattern trader along with DOW theory. With that said a breakdown from the weekly ‘very ugly’ wedge says we go back to the October 11 lows and very quickly. So looking for 10500-11k sometime in first half of November.

    I am finding ZZ and Anthonys’ time projections very valuable.

    Cheers

  252. SS76
    October 26, 2012

    Anthony, I seem to remember you saying that if we are to bounce to 1430-1440 that 1400 was the line in the sand. That still the case? Noticed you still have not changed your outlook…

  253. investbb
    October 26, 2012

    Thanks everyone

  254. SS76 Could you please elaborate a little more on the above scenario. Are you inferring that the favorable odds are that the sp 500 will be possibly going upwards in price? Thank you

  255. SS76
    October 26, 2012

    Hi. Got this from another blog and posting it here as I think it has some relevance:

    Poster D2K • an hour ago −

    Per the Vix, the last equity buy dates were:

    today – ?????????

    8/31/12 – 5.6% up move

    7/25/12 – 7.4% up move

    6/4/12 – 8% up move

    5/21/12 – 3% up move

    4/12/12 – 3.3% up move

    2/16/12 – 5.9% up move

    10/4/11 – 20.5% up move

    9/26/11 – 5.7% up move

    8/9/11 – 12% up move

    8/1/11 – (14% down move – FAKE OUT)

    6/17/11 – 6.5% up move

    3/17/11 – 5.4% up move

    2/24/11 – 3% up move

    2/1/11 – 4% up move

    14 winners, 1 loser.. Place your bets, take your odds. Also I calculated the gains off the next days low tick, so whatever tomorrow opens at add % to that. IF the SPX closes below bottom BB tomorrow in a big selloff you sell all longs. Otherwise play the 14/15 odds. Pretty easy setup.

  256. Anthony
    October 26, 2012

    6 Dec 11 – Demark ” The market should top out around Dec. 21 @ 1330 -1345″ Actual – we went from 1200 to 1470
    23 Jan 12 Tom DeMark sees ‘Bull Trap’ ahead (S&P to 1210) – Actual Top in April 1425
    21 Feb 12 – “Rolling decline – to move sideways – top 1372 Actual topped in April @ 1425
    07 Sep 12 – Tom Demark “getting bullish” 1478 top – Nice call, topped on 14 Sep $ 1474
    23 Oct 12 – 1378-1485 before major sell off.

    Tom DeMark – Big hat, no cattle.

    • platypusfoot
      October 26, 2012

      Thanks Anthony, sounds like he’s not actually on de mark after all.

      • myuniversalworld
        October 26, 2012

        Ha Ha, I think that one Platy 🙂

      • Anthony
        October 26, 2012

        lol, nice!!!!!

    • Charles
      October 26, 2012

      Anthony,
      Using my home calculations of DeMark’s work, it called the bottom in March 09 to the day. I used it to be short going into the Flash Crash during which my account showed $50Mil temporarily. (Ahh if only orders could get filled at those prices…) So, maybe the public pronouncements should be discounted, but I have seen it work. Thanks to you, ZZ and Platy for the work here.
      Charles

  257. Anonymous
    October 26, 2012

    Here is the thing, Faber has repeatedly called for a major drop, and sooner or later he’ll be right. Demark on the otherhand has continued to call for this rally, and he has been right obviously. Anthony, I think you are right, but hope we get our 1434+ before we drop….

  258. Anthony
    October 26, 2012

    Faber calling for 20% drop, DeMark calling for 1480. When these guys come out with stuff like this they create a mixed picture, mixed pictures create indecision, which generally keeps people out of the market, so big moves coming. My bet is we get a bit of both, down 10% then up past 1480. Man where do these guys get off……………………….

  259. Anthony
    October 26, 2012

    Thanks Rotrot.

    Anyone remember 10 May, collapsing low……………..

  260. rotrot
    October 26, 2012

    SPX weekly chart with the same notations as October 15 & 16…Friday, November 9 or Monday, November 12 might do it…

    rotrot
    October 16, 2012

    SPX weekly chart with the same notations as yesterday…sideways march continues…good luck with your trading…

    rotrot
    October 16, 2012

    SPX weekly…the trend is clearly down…however, my sense is that today’s market action has some individuals (not necessarily on this site) all bulled up…still looking for a trend trade bottom in November (US election week or the following week)…good luck with your trading…

    • curiousmind
      October 26, 2012

      Are you showing with your chart that the market might replay July -Oct 2011 huge plunge ?? Please correct me if I am reading it wrong

      • Anthony
        October 26, 2012

        Hi Curious

        Im showing weekly trend is still down, this is a geometric price target into that time zone between 12-22 Nov. So compare it with whatever year you like 2012, 2011, 2010.

    • curiousmind
      October 26, 2012

      sorry bad eyes, I mean June 2012…

    • investbb
      October 26, 2012

      Thanks for the chart

  261. ZigZag
    October 25, 2012

    Pindar, I will likely cover the rest of my short positions from Oct 5th tomorrow. Will look to short again next week with the profits.

    My main goal was to see the market down to the election and we’re only seven trading days away from the election…..Mission accomplished 🙂

    • simon1080
      October 25, 2012

      how much is the profit? LOL … damn those curious minds eh? hehehe

      We need P/L $ inspiration around here … 🙂

    • Anonymous
      October 25, 2012

      Thanks ZZ, you think we continue down into November?

  262. simon1080
    October 25, 2012

    Damn it .. I called 1395 bottom.. we missed it by 2 points lol.. up we go boys to the 31st

    • SS76
      October 25, 2012

      Ya, I think that tomorrows GDP number will boost the market, and perhaps set the stage for a nice rally. Seeing how ES and Apple recovered so quickly suggests to me anyways, that there are plenty of buyers left…

  263. SS76
    October 25, 2012

    Unbelievable. ES dropped to 1397 thanks to Apple and Amazon, and have ripped right back up. Apple is now green after hours, and ES is back to 1408. Stunning.

  264. SS76
    October 25, 2012

    Wow, futures just tanked. Amazon the culprit?

  265. aiihotline
    October 25, 2012

    Today we tested 1421, a 3-week-long wedge broken support (becoome resistance). With Anythony’s possible low day range10/25-26, there is possible we will see 1390-1380 tomorrow. Almost everyone is looking at 1380-1390 to buy (huge rising wedge from last year’s low, and 1380-1390 is a support). If we do see it tomorrow, Anthony’s roadmap will be true, which people all jump in to buy around 1380-1390 thought it is a low, however, with 3-4 days bounce around, another waterfall to downside (the early November drop).
    Nevermind if it didn’t happen this way.

  266. stockyard262
    October 25, 2012

    maybe he meant 1380

    • SS76
      October 25, 2012

      Nope, he was talking about a market peak, top indicator.

      • Anthony
        October 25, 2012

        Demark is usually Duh-Wrong. His signals and timing are not great. This is just to sucker more people into the long side.

    • aiihotline
      October 25, 2012

      With a lot of resistances above, weekly candle,….it is a mission-impossible job in days. 🙂

  267. SS76
    October 25, 2012

    http://www.businessweek.com/news/2012-10-24/demark-sees-s-and-p-500-index-peaking-around-1-480-before-12-percent-tumble

    Demark says 1480 in next 8 – 10 days. Interesting, doesn’t that put us at November 5th? That would mean that Anthony charts are inverted…

  268. rotrot
    October 25, 2012

    NDX & SPX daily trading charts are ‘flashing’ positive signs…however, do not intend to trade long…AAPL earnings this afternoon…good luck with your trading…

  269. Klaas
    October 25, 2012

    Wolfwave target 1417 ES

  270. Peggy Mateer
    October 25, 2012

    compx is only 12 points away from the target low of 2966.

  271. simon1080
    October 25, 2012

    ZZ,
    Are you not seeing a move from today up until the 30 31st?

    • ZigZag
      October 25, 2012

      Hi Simon.

      Yes, I still think they will run it up and peak somewhere between now and the 31st. The bigger picture has always been weakness from mid Sept until the election.

      Also, the mystery chart might double bottom here today.

    • ZigZag
      October 25, 2012

      Here’s the 2 hour mystery chart showing probable double bottom. There’s symmetry that looks interesting on the lows.

      http://tinyurl.com/9ka8wzk

      • ZigZag
        October 25, 2012

        The 2 hour Mystery chart is bouncing off the low now!

        • ZigZag
          October 25, 2012

          2 hour mystery chart is now green! (I sound like a day trader lol)

          Okay, back to my boat 🙂

          • platypusfoot
            October 25, 2012

            LOL nice job ZZ 🙂

            • ZigZag
              October 25, 2012

              Thanks Platy 🙂 I was getting all excited and I’m not even long anything. lol

          • Michael
            October 25, 2012

            Hi ZZ,

            You have a CIT of 26th, so will that be higher prices or a turn lower ?

            Many thanks

            • ZigZag
              October 25, 2012

              Hi Michael,

              Not sure yet, but I’m leaning towards higher with another peak in the next few days. The 29th and 30th look to be the key dates.

            • ZigZag
              October 25, 2012

              Michael, here’s the chart and dates I’m looking at.

              http://tinyurl.com/9aad86t

              • Michael
                October 25, 2012

                Thanks alot ZZ

              • guelph1
                October 25, 2012

                hi zz,
                I am new to this but would like to start creating charts like you do.
                are you able to pull a chart for any time period in history from stockcharts?
                do you than download to some software & edit – draw lines?

                thanks, sorry for dumb question

                • ZigZag
                  October 25, 2012

                  Hi guelph1,

                  That’s not a dumb question 🙂

                  You need to subscribe to the pro version of stockcharts if you want to see charts going back to 1925. I believe the regular version will only take you back to 1980. Most of my annotations are done right in stockcharts and occasionally I’ll use my cheap drawing program if I want to add anything that stockcharts can’t do.

                  With the pro version you can also bring up yearly and quarterly charts, which is pretty neat to look at sometimes.

                  • guelph1
                    October 26, 2012

                    thanks zz

  272. ZigZag
    October 25, 2012

    The mystery chart filled the gap this morning and then dropped. I wonder how long it will be before it fills the December gap? 😉

    http://tinyurl.com/d9xwfjt

  273. Stockboom
    October 25, 2012

    Pindar

    do you think we will even get close to that level? market is set to drop here…can’t hold gain…or you thinking 1430 is long term target and short to medium market is heading for 1380-90 area?

    Thanks

  274. karen1650
    October 25, 2012

    We may not get that high to short…today’s chart said gap up open, then down, tomorrow says gap up open slightly less, but then down again…could be forming a bear flag next couple of days…??

  275. apanalis
    October 25, 2012

    If we attend, Road Maps, Zig Zag´s and platy´s Conjuntions the dates for a bottom in mid nov12, my target for the DOW 12.000-11.700, and before that a little rebound.

    • beetlejuice
      October 25, 2012

      apanalis, some good calls buddy. I think we bounce off the 200dma’s on the DOW for a day or so and then head much lower.

      Cheers

      • apanalis
        October 25, 2012

        Do you have any targets, beetlejuice? Do you trade -now short- on DOW, SP00 or any others?

        For next year? Do you have any? My target for DOW> 8.500-9.000 about 0,618 rteracement from 2009 to 2012.

  276. beetlejuice
    October 25, 2012

    Market is really struggling to hold gains. I suggest that if we break lower then next week is going to get very ugly…….unless you’re short of course 😉

  277. ZigZag
    October 25, 2012
    • beetlejuice
      October 25, 2012

      Haha very artistic ZZ.

      And great work guys. I concur 100%, holding shorts until early November.

    • ZigZag
      October 25, 2012

      I’m seeing some interesting symmetry hitting there too. 🙂 Looks good.

      http://tinyurl.com/9prjrtd

  278. Rezito
    October 25, 2012

    So now we need to see if Nov 8 is the bottom or mid Nov.

  279. Klaas
    October 25, 2012

    Good luck to all ..this are the 2 weeks where we can find THE or A bottom i think.

  280. Peggy Mateer
    October 25, 2012

    es planetary prices for today:
    1401
    1403
    1407
    1410
    1413
    1416.5
    1421
    1426

    dow closed 12 points below predicted low price of 13099 (for 10/24-25) and opened well above it.

    • Peggy Mateer
      October 25, 2012

      next lower planetary price:

      1397

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