Nasdaq 100 Index

NDX CYCLE ANALYSIS

329
This is an introductory analysis into the dominant cycle and the internal structures formed within the cycles.
The pattern from the 1985 low has followed a recurring 60 degrees cycle structure.
Each cycle traveled along a 2-dimensional square face with varying phase angles.
The geometric structure formed as the cycle unfolds is a 6-sided cubic figure with sides = 891 units

First face completed between October 1985 to March 2000 forming a magnitude 888.98 units.
Face angle was 32 degrees and the entire cycle correlated with 59 degrees, 50 minutes Uranus cycle.
This face formed the base of the cube in motion and is represent as ABCD on the chart
snapshot

Face 2 completed between March 2000 to June 2015 with magnitude 800.09 units
This magnitude was a lateral vector with phase angle in the Z-plane, further discussions will elaborate on this vector.
This cycle also completed with a correlation 60 degrees, 19 minutes Uranus cycle.
This is the side of the cube to the right as the cube rotates clockwise, it's represented as CEFG on the chart.
snapshot

Face 3 represented as GHIJ was almost vertical relative to the 2nd face which was lateral, it completed in just 331 weeks from June 2015 to November 2021.
The action traveled diagonally across the face of the square, typically referred by Gann analysts as the 1X1 angle.
The magnitude of the swing is 1251.89 units (888.98 * 1.4142 = 1257.19)
While the action followed the 1X1 angle which was inclined at 75 degrees the phase angle was 30 degrees for the square.
Price touched the apex of the cube for the first time in November 2021 since the origin in 1985.

In the general stock market index if we use DJIA which has more historical data then from 1897 price has touched the top of the cube 3 times, in August 1929, February 1966, August 1987 and then the current one in November 2021.
And so it is interesting that we can find a composite of the previous corrective phases and then model this current trend by it.
The 1929 recession top occurred at 9 degrees Aries, 2020 crash top occurred at 6 degrees Taurus, approximately 30 degrees apart.
This effectively places both events at the same position in the zodiac as defined by the Saturn-Uranus cycle which averages 90 years for two successive conjunctions, the second conjunction ticks forward one sign 30 degrees to offset the new origin, this explains the 9 degrees Aries to 6 degrees Taurus overlap and why the two events are almost the same.
Many amateur traders naively make so much noise about this without any information about the nodal points though.
snapshot

The 60 degrees Uranus cycle is still in motion with the midpoint in March 2023, the entire 60 degrees end in March 2029
From November 2021 price has moved into the 4th face and the current active support is the base of the 4th face at the 9194.13 level
So the active levels in this face are
Active resistance = 13334.13
Active support = 9194.13
Midpoint = 10794.13

Check back for updates, good luck

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.