Keops
Short

The Magic of 72 Degree - S&P Bazooka Rally

FX:SPX500   S&P 500 index of US listed shares
111 0 3
This chart is based on an experimental technique that I've been researching on recently.
As you can see, once you are synchronized with the market time cycle you can seek for 72 degree angles for uptrends (blue lines) and 108 degrees for downtrends (red lines). The market seems to continue his upward move until it hits a 108 degree angle where it react to. Why is that ? To be honest I have no idea (at this moment).

The same behavior is true also when the market is in a downtrend. The downtrend will reverse once it hits a 72 degree angle that is "strong enough" to reverse the trend.

So now for my experiment, the S&P 500             has been following a 72 degree angle since mid-Feb and it is about to hit a 108 degree angle very soon. If the next 108 angle is a "strong one" it should reverse the trend downward.

POSSIBLE SCENARIO:
I'm speculating that the market will continue its crazy run to around 2043 on Monday then reverse and go to 1934 (March 23rd), then bounce back to 1968 (March 29th) and then 1911 (April 8th). Again markets could go higher and lower than what mentioned in the same time frame it's all depend if it hit the right 72 or 108 angle.

Static screenshot if the chart isn't shown properly:
snapshot

I hope you like this idea or find it somewhat interesting..
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out