Weekly Update

This market isn't over until Apple falls apart. I suppose we will call that event the "Willian Tell!"  (humor)  

click chart to enlarge Set up for a possible divergence on Monday.

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click chart to enlarge

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click chart to enlarge

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High Tides and Low Prices

Here are charts showing tidal cycles at seven important lows over the past three years.  The tidal charts show the drop in feet for each of two daily tides at Reedy Point DEL on the U.S. East Coast. The troughs in the charts are the higher tides (larger drops.)  The two daily tides have an equal value when the moon crosses the equator.

Draw your own conclusions.

click chart to enlarge

click chart to enlarge

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click chart to enlarge

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The March and October 2020 lows are twins. Notice the nearly identical tidal rhythms. There is symmetry to an extent between Spring and Autumn tidal cycles.

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A double bottom, The VIX extreme was at the first low.

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Weekly Update

Expect the fear factor to diminish post-eclipse.  But the margin clerks don't care!

click chart to enlarge The message of the New Lows chart is that this is not just another dip.

click chart to enlarge

click chart to enlarge

click chart to enlarge

click chart to enlarge

click chart to enlarge

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