- The net-line sell discussed on Friday.
- Bearish divergence on the modified DMX.
- Bearish divergence on the price cycle-trap.
This confluence of signals on the daily scale tells us to pretty much ignore any bullish evidence on the 60 minute chart (there isn’t any, but I might not show it if there was 
). There was what I read as a bullish tidal shift yesterday, but it’s unconfirmed by the solunar model. The solutide model test remains short.
I’ll post later with a look at gold. I’m applying the solutide idea to the yellow metal, and I’ll let you know how it looks.
click chart to enlarge
7 responses so far ↓
1 Jon Eeles // Jan 12, 2009 at 10:48 am
Hi Chris. I am also following the tides. If you average the two high tides for each day some times the average highest tide is not on the same day as the individual highest tide. As you say the recent single tide extreme was yesterday, the average extreme is today even though yesterdays single high tide was higher than todays. As the market was closed yesterday we can’t know if any temporary pause in the decline, if it happens, was suposed to start yesterday or today. It might be worth watching in the future to see if the average is more effective at calling turns than single tides when they fall on different days.
2 chester // Jan 12, 2009 at 12:05 pm
Hi Chris. The tidal and solunar model are working together extremely well at present and it looks by the chart that the next buy might occur around the 20th/21st January . Am I correct in saying this and is it possible for you to post the turns beyong the early feb timeframe.
Thank You.
3 wwshep // Jan 13, 2009 at 3:50 pm
Chris,
I can’t visually tell whether the green tidal low dot around on the Dow solunar chart around Jan 22nd is below the next red tidal high dot the Dow solunar chart around Jan 26th. The appear to be at the exact same level. So, per your Solutide trading system would the Jan. 22nd low be a buy signal or not?
Thanks,
Bill
4 chris // Jan 13, 2009 at 6:57 pm
Jon – thanks for the additional tidal info.
Chester – I’m glad you said “at present” as I know you’ve followed this model long enough to know that at some point it will disengage from reality entirely. But yes, you’re right. With the tidal filter, it will reverse to long on Jan. 21 and basically stay that way till the end of the first quarter save for a couple of days in early March where it will be short. And yes, more data showing further into the future will be posted here.
5 bob5e // Jan 14, 2009 at 12:04 am
I remember Roger from the old Avid chatroom discussing the net lines from years ago. I’ve used them ever since . . indispensible!
6 chris // Jan 14, 2009 at 12:10 am
Bill – the green tidal buy near 1/21 is at 55.8 on the solunar model and the red sell on 2/4 is 55.9 – which calls to mind my 8th grade science teacher, Mr. Whitney’s lecture on significant digits. The distinction is insignificant.
Yes bob5e – I’ve altered the net-lines in two respects – I calculate them with a ‘weighted close’ of (H+L+2C)/4 instead of using the close – and mine expire after 5 bars – as I think they need to make a statement about the speed of the reversal, which becomes weaker over time.
7 wwshep // Jan 14, 2009 at 4:23 pm
Chris,
Thanks for clarifying. Based on that 1/21 is a somewhat ambiguous buy signal on the Solutide model, could go either way. The next “valid” Solutide buy signal looks like it occurs around 2/6. Is that right?
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