For the uninitiated, the rule of three suggests that words grouped into threes are more appealing and easier to remember. Our brains are pattern-seeking machines, constantly looking for relationships and meaning in the world around us. ... We can use the rule of three to powerful effect.
In mathematics, a power of three is a number of the form 3n where n is an integer – that is, the result of exponentiation with number three as the base and integer n as the exponent.
3 corners in Triangles. Illuminati level shit etc..
Circles start with the number 3.
3 is the worst phase of Market Cycles.
3rd week of every month is OPEX.
3 peaks to the Head and Shoulders pattern
You know where this is going.
More mystery unravelling to come, this chart is just a teaser.
These are just my observations alone. not financial advice. I'm wrong 3 times out of 222.
if you want financial advice, watch Monday. I think Better Markets is on to something.
If you need help hedging against markets / market cycles, I suggest listening to everything Cem Karsan has ever said or written.
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4 is supposed to be Mark Down. I can't edit a chart after publishing. it's also the reason I like tradingview platform so much.
I think you might be onto something here, well done
SPYvsGME
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@waszkien1, as convincing as I can make it seem, market predictions are best suited for the experts. I'm a novice writing a parody of the markets. Market Memes.
ahockey29
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This may end being an amazing call.
SPYvsGME
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@ahockey29, hard to tell. lot of things hitting today. Canada ending QE. crypto craziness. So many elastic bands around the pumpkin you know.
SPYvsGME
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@ahockey29, ES futures jumped this morning back to 4560, could be the can will get kicked down the road again.
AlkalineFX
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This is what I am talking about!
SXTrading
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Thats a triple top - not a head and shoulders. Highly unlikely in this scenario. I would say we are looking just at a double top.
graphbullS
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So amazing
DigitalData
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Except you left out it could break out the top here. Unlikely, but still very possible.
SPYvsGME
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@DigitalData, I have next week as the breakout to 460 as the top and then the week of Nov 15-19 as the end of the bull market. It's approx when S&P 500 would close below the 21 week EMA. It works better on SPX/ES_F but I like using SPY.