Price Time Volume Investing

The major bull market range of 1982-2000 is nearing the 50/50 point in price and time. Price is at a 50% retrace in one-half of the time of the bull market. Continue reading

In order for the market of stocks to bottom, the leading stocks in the market must bottom. This five week consolidation has provided time for the leaders to form bases. Continue reading

The charts of oil and gold show significant weakness. Continue reading

The Value Line Arithmetic (VLE) range of 2002-2007 shows some interesting angles within the Gann fan. Price does not look stable at this point and I would not be surprised to see it move to the 1×8 angle which is about 18% below yesterday’s close. Continue reading

A look at long term semiconductor charts. Continue reading

The Gann fans of the DOW chart since 1982 are interesting. Setting the 1×1 angle at the top of the 2000 high provided the 2002 low at the 1×2 angle. Price tends to move in doubles and halves of a significant slope. Continue reading

The Powershares QQQ Trust (QQQQ) shows price weakened after the bull move in 2007. Price hit the 50% time cycle at 100% retrace which is a bad sign for future price action. Price finished the time cycle at a 75% retrace. Price has now mirrored that move by hitting a 100% price move down at the 50% cycle. Continue reading

The US Dollar (USD) has made a strong 15 week run since mid-July. It appears to have made a top and is correcting now. Price won’t be bullish until it moves above the 1×1 descending Gann angle. But does look strong in this time frame. Continue reading

The Value Line Arithmetic (VLE) Index bottomed last week, similar to the SPXEW. Price has bounced well above the 8×1 Gann angle. Today was only the fifth day of the rally and I need to watch this into next week. Continue reading

The 1×8 Gann angle has served as support in 2006 and 2007. Price is approaching that level (near $6) now. Continue reading

The Powershares QQQ Trust (QQQQ) is nearing a minor time cycle on 07Nov. Continue reading

I posted a crash scenario about a month ago and I’ve updated the charts here. The futures are usually a bad indicator of the day. The volume is low and panics are easy. Also, the big boyz and run a misdirection play for little money before the market opens. But still, a limit down futures open isn’t something that happens very often and should be taken seriously. Continue reading

The market is oversold. The time cycle turned last week. The key from this point is the price action at the point the internals become over bought again. At this point I am neither bullish or bearish. The trend for the remainder of the year will be obvious over the next few weeks. Continue reading

Today’s big move up was nice but I wasn’t impressed with the range. We are only back where we were last Wednesday. Wide range days are common lately. Now we must watch for an IBD style follow through day. Continue reading

Crude has moved back to the 50% retrace of the range of the move starting in 1999. The long term chart shows the 1×2 angle of the 1999-2008 move as the true trend of the move. The blowoff phase moved price up to twice the actual slope. Notice how the 1×2 Gann angle is also twice the long term declining slope from 1990-1999. Continue reading

Just a quick note on cycle turns. Usually, price changes directions during a cycle turn. Occasionally, price will accelerate to the downside. It appears to me that the government has the opportunity to restore the system. But this is the same President, Congress, SEC, Fed, and Treasury who have made idiotic move after idiotic move in the past year. Please don’t get long just because it appears to be a cycle turn. Continue reading

The SP500 Index (SPX) is nearing the 50% price retrace level and 50% of the time cycle from 1982-2000. The 1×4 Gann angle or the 50% price retrace could provide support. Continue reading

This post is an update of the long term chart of the Dow Jones Industrial Average I posted in July. Continue reading

Long term charts of the VLE and SPX show possible support to market. Continue reading

Price of the SP500 Index (SPX) touched the 1×4 Gann angle today and bounced. I am watching a retest of this level closely for a possible low. If price breaks through this angle then the 900ish level is one to watch. Continue reading