A Historical Overview of Gold Jag is presented .
Emphasis is given on Parabolic Support Methodology.
The Market Segments are presented and labelled A though K; labeled Mkt.
Rough guess as to their character is suggested with quite names.
The morphological relationship between market segments is presented via Parabolic Horns. Specific attention is places on the O7- '08 crisis and its phenomenal connection to the market peek July '11 - Oct '12 via
Horn A )( Solid Blue.
and
Horn B )( Solid Violet.
Attention is placed on
Horn C, Solid Green
as Morphological analog to previous market high. That is referred to as 'mystical' Market K not yet here but foreshadowed by parabolic support.
A benign and mediocre market K is suggested by Solid Orange Horn and supported by Solid Yellow Parabolic trend .
Attention is placed in Dashed Grey Long Term Parabolic Line. This line is the canonical example of a parabolic support line which shifts its role from support fro Mkt E to resistance fro Mkt G
Notice that not all Markets have clues for long term parabolic forecasting. Smaller scale features can be explored and may be found. I stress the naturally of jag behavior as being characterized by internal Supply and demand Fair pricing. External influences arrive via Pulp Pressure, Socio political and macro economic dynamics. We can review history, hidden and overt and we can argue on the relevance of those. Practically the phenomena is captured in the Jag and its morphology admits the fitting of parabolas. The interaction of well rooted parabolas with past and future market action is a morphological necessity .
Parabolas are fitted to market extremes at the moments of major and minor direction change . This yields short term and long term synchronicity between local and remote price actions. The remote action is reached from a local parabola by precise fitting and accurate scaling along the quadratic extension of the three point fitted parabola. Fitted parabolas conform to the high and the low of a market segment as well to as many supporting points between the two.
Emphasis is given on Parabolic Support Methodology.
The Market Segments are presented and labelled A though K; labeled Mkt.
Rough guess as to their character is suggested with quite names.
The morphological relationship between market segments is presented via Parabolic Horns. Specific attention is places on the O7- '08 crisis and its phenomenal connection to the market peek July '11 - Oct '12 via
Horn A )( Solid Blue.
and
Horn B )( Solid Violet.
Attention is placed on
Horn C, Solid Green
as Morphological analog to previous market high. That is referred to as 'mystical' Market K not yet here but foreshadowed by parabolic support.
A benign and mediocre market K is suggested by Solid Orange Horn and supported by Solid Yellow Parabolic trend .
Attention is placed in Dashed Grey Long Term Parabolic Line. This line is the canonical example of a parabolic support line which shifts its role from support fro Mkt E to resistance fro Mkt G
Notice that not all Markets have clues for long term parabolic forecasting. Smaller scale features can be explored and may be found. I stress the naturally of jag behavior as being characterized by internal Supply and demand Fair pricing. External influences arrive via Pulp Pressure, Socio political and macro economic dynamics. We can review history, hidden and overt and we can argue on the relevance of those. Practically the phenomena is captured in the Jag and its morphology admits the fitting of parabolas. The interaction of well rooted parabolas with past and future market action is a morphological necessity .
Parabolas are fitted to market extremes at the moments of major and minor direction change . This yields short term and long term synchronicity between local and remote price actions. The remote action is reached from a local parabola by precise fitting and accurate scaling along the quadratic extension of the three point fitted parabola. Fitted parabolas conform to the high and the low of a market segment as well to as many supporting points between the two.
