Price Time Volume Investing

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

The VLE slightly undercut the high of the first 5 wave set off the 2002 low. Continue reading

The Dow Jones Transportation Average (TRAN) drops over 8% today and 12% for the week. This is the first signal of the recession that the economist have promised us. Continue reading

The VLE is testing the July low which could hold. But the odds are against it. Continue reading

A summary of current market action and a guess into future market actions. Continue reading

I got home last night and looked through the charts. There really isn’t anything to discuss that hasn’t been covered. We are waiting for congress to decide what to do. Continue reading

The Value Line Arithmetic (VLE) is my main index to watch the total market. The intermediate term range from 2007-2008 shows the 1:2 angle as resistance. Today price bounced off that line again. Continue reading

Price of the VLE is above the July low and at the 7/8 retrace level of the 2007-2008 range. This suggests to me that the total market remains healthy and the financials are causing all of the problems. Continue reading

Short term the market swing chart is not is great position. I continue to expect (or will not be surprised) by a move to SP500 Index (SPX) 1150. But the situation this fall looks much better. Using the Value Line Arithmetic Index (VLE) as the state of the total market we can see that price and time are in a favor. Continue reading

I believe the VLE is the best long term chart I look at. The VLE is telling us that the average stock in the market is much stronger than it appears. Continue reading

The SP500 Equal Weight Index (SPXEW) and the Value Line Arithmetic Index (VLE) charts have broke through Gann angles and are heading for the next angle lower. Continue reading

My short term view of the market is that it is very weak and most likely has topped until a retest or new low is put in - probably in October. But the longer term charts show the total market in a strong position when using the July 2007 to July 2008 range. Continue reading

The VLE has had significant trouble breaking through the 1:2 Gann angle. Continue reading

The VLE is at decision time at the 1:1 Gann angle. The time cycle is hitting 25% of the 2002-2007 range. The SPX time cycle of the range from October to March is about to complete. Continue reading

Today I want to look at the various time frames of the VLE. First the long term range from 1990 to 2002. Notice how price never went parabolic as the Nasdaq did in 1998-2000. Therefore it did not really correct until the summer of 2002 when it had a nice shakeout down to the Continue reading

Discussion of why I believe the October low will be “the” low before a new five wave bull market. While the SP500 Index (SPX) e-wave charts do little to support this guess, the total market is in much better shape. Continue reading

The Gann Square of 52 measures relative market movements from one year to the next. This post discusses the square of 52 and how it is used by PTV-Investing.com. Continue reading