S&P 500 IndexShort
SPX CYCLE ANALYSIS
In this analysis we will look at the internal workings of the wave progression in the SP-500 market.
First, the time axes marked F8, F10 and F12 are lunar cycle times expressed as a function of the PHI series in progression.
The lunar cycle = 29.53 units (average)
The 8th item on the PHI series is 21.
Square root of 21 = 4.583 units
F8 = 4.583 * 29.53 = 135.32 units
then, F10 = 219.00 units
F12 = 354.36 units
F8, F10, F12 are the EVEN Series
The ODD series between them are F7, F9, F11
F7 = 106.47 units
F9 = 172.19 units
F11 = 278.59 units
On the chart we have the ranges 138, 215 and 356 with an average of 3 points alternating polarity as +3 or -3 weeks.
Using price scale of /10.
magnitude BD = 172.95 units = F9
AC = 218.36 units = F10
CD = 278.65 units = F11
(BD * 1.272 = AC, AC * 1.272 = CD) with geometric progression of 1.272 and also BD * 1.618 = CD.
APQR = 215 X 215 square.
AD is the long wave 432 Harmonic and completing the 1.4142 X 1.4142 growth of the square APQR
The ODD series time axes with +/- 3 average weeks had minor turns, however, the major trend changes occurred on the EVEN series.
So conveniently we can project the (F12) +3 as the next axis for major trend change.
March 2023 completes the first 7 year cycle in the current 17-year cycle Bull phase from the node 8/02/2016.
The 0.618 level of the complement section marked in blue is the active support now, below it price will see further fall to the top of the square APQR.
Check back for updates, trade with care.
First, the time axes marked F8, F10 and F12 are lunar cycle times expressed as a function of the PHI series in progression.
The lunar cycle = 29.53 units (average)
The 8th item on the PHI series is 21.
Square root of 21 = 4.583 units
F8 = 4.583 * 29.53 = 135.32 units
then, F10 = 219.00 units
F12 = 354.36 units
F8, F10, F12 are the EVEN Series
The ODD series between them are F7, F9, F11
F7 = 106.47 units
F9 = 172.19 units
F11 = 278.59 units
On the chart we have the ranges 138, 215 and 356 with an average of 3 points alternating polarity as +3 or -3 weeks.
Using price scale of /10.
magnitude BD = 172.95 units = F9
AC = 218.36 units = F10
CD = 278.65 units = F11
(BD * 1.272 = AC, AC * 1.272 = CD) with geometric progression of 1.272 and also BD * 1.618 = CD.
APQR = 215 X 215 square.
AD is the long wave 432 Harmonic and completing the 1.4142 X 1.4142 growth of the square APQR
The ODD series time axes with +/- 3 average weeks had minor turns, however, the major trend changes occurred on the EVEN series.
So conveniently we can project the (F12) +3 as the next axis for major trend change.
March 2023 completes the first 7 year cycle in the current 17-year cycle Bull phase from the node 8/02/2016.
The 0.618 level of the complement section marked in blue is the active support now, below it price will see further fall to the top of the square APQR.
Check back for updates, trade with care.
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.
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.