timwest
Short

SPDR S&P500 SPY MONTHLY TIME AT PRICE ANALYSIS SAYS TOP IN APRIL

AMEX:SPY   SPDR S&P 500
268 8 7
The market is at the end of the end of the end of its trend up here.

It may take another month to completely peak out but the odds suggest exiting starting in April             . If you look at the Weekly Time At Price Analysis, you'll see that two trends end in early April             from the recent consolidations.

If you note the first box of 10 on the lower left side of the chart, that represents the price action around which the maximum number of months was at one price (or in this case a range of prices from 110.85-106.93). Once the market disconnected from that price range, it rallied by the range of the accumulation zone and an amount of time equivalent to the accumulation "mode" (10-months at one price range).

The market then set up a larger time and price zone of 12 months, labeled in light purple. You can see the market disconnected from that price area and advanced for an amount of time and price equal to that price range.

Now the market is on its last, yet smaller accumulation of only 6 months and has reached the price target, but has until the end of April             for time to expire.

This is my own method of charting that I have been doing since 1988 when I first saw Market Profile on the floor of the CBOT in 15-minute time frames. I immediately applied it to longer term time frames and have been amazed at the results. I have shared a number of these charts in different ways here at TradingView.
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It is soon closing within the rectangle range. Any update on this possible?
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Do you have any downside targets?
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timwest PRO daytradingzoo
164 is the mode from the 6-month sideways pattern. If it breaks that then the next one down is 135
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Thank you for sharing Tim!
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I have been shorting the end of the end of the end of the end.. Without success.. Maybe this time :)
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timwest PRO daytradingzoo
Good fortune to you. And well, technically speaking, the end of the end of the end is next month. Anytime in April.
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charttrader PRO daytradingzoo
haha! The same for me:)
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timwest PRO daytradingzoo
The vapor stocks have gone down a lot in the last month. Did you catch any of those down moves?
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