Hey Hey!
So... this is how I see it. A lot here, so let me explain!
I start by meditating on the blank chart, until it pops into 3D. Sort of like looking a those 3D posters front eh 90’s.
Then, I annotate the harmonic patterns that appear to be providing significant influence over the recent movements. I believe that on all time frames, the arguments of the market are harmonic projections of the previous harmonic patterns, moving through space in 3D... yeah.. they aren’t 2D charts... in 2D, these projection look a bit reasonable, but not entirely obvious. In 3D, there is a whole mother dimension to these arguments that can be very telling.
Next, we annotate the major support (solid) and resistance vectors (dotted).
Now, we can use the BARS tool to highlight the sections of interest, and then fit them to the argument vectors.
I like to do this on every time frame to verify the fit, and see how the short time frame projections fit with the long range forecasts. Here it is zoomed in on the “5”:
So this is what we have... opportunities for continued growth in the channel... or a potentially huge crash. There are great arguments for both scenarios. I personally believe that the big corrections are inevitable, and appear to be supported by the indicators on various time frames.
Remember... this is alive.. .it the the machine interface of human emotion across the globe. And that trading emotion is most heavily influenced by the shapes of the chart. The news (war, stimulus money, pandemic, elon musk) will subtly change the natural harmonics of these projections, which can be enough to give dominance to any of the competing projections.
Good Luck!
So... this is how I see it. A lot here, so let me explain!
I start by meditating on the blank chart, until it pops into 3D. Sort of like looking a those 3D posters front eh 90’s.
Then, I annotate the harmonic patterns that appear to be providing significant influence over the recent movements. I believe that on all time frames, the arguments of the market are harmonic projections of the previous harmonic patterns, moving through space in 3D... yeah.. they aren’t 2D charts... in 2D, these projection look a bit reasonable, but not entirely obvious. In 3D, there is a whole mother dimension to these arguments that can be very telling.
Next, we annotate the major support (solid) and resistance vectors (dotted).
Now, we can use the BARS tool to highlight the sections of interest, and then fit them to the argument vectors.
I like to do this on every time frame to verify the fit, and see how the short time frame projections fit with the long range forecasts. Here it is zoomed in on the “5”:
So this is what we have... opportunities for continued growth in the channel... or a potentially huge crash. There are great arguments for both scenarios. I personally believe that the big corrections are inevitable, and appear to be supported by the indicators on various time frames.
Remember... this is alive.. .it the the machine interface of human emotion across the globe. And that trading emotion is most heavily influenced by the shapes of the chart. The news (war, stimulus money, pandemic, elon musk) will subtly change the natural harmonics of these projections, which can be enough to give dominance to any of the competing projections.
Good Luck!