In April I derived 4 projected pivot dates in QQQs and DJIA of
interest:
The one colored date, 4/16/2014, is highlighted in my work because it derives from a pivot that was, itself, a highly volatile day. It is noteworthy that the person who creates the database (and highlights the supposedly more volatile date) may infuse bias and variability just in picking out what qualifies as an historic pivot.
At the end of March I was left with March 30 as a very
significant pivot (due to a large number of “hits”). It did not turn out that way. It was a bottom and a temporary one, more
like a whiplash as after two days on the upside it reversed down. As it
turned out, I colored March 30 as a top of great significance based on other
information (and my bear bias) when, in fact, it was a very insignificant
bottom.
This time, I’ll let the dates be what they are; simply
projected pivots. They are generally accurate
to one day on either side if the underlying historic pivots gave a single
projected date or, if the historic pivots gave two contiguous dates that you
assumed would produce a pivot, then two days on either side. Very often (I dare to say most often) they
are spot on.
Note that April 7 (yesterday) was identified as a pivot and,
if anything, it must be a bottom. April
13 in QQQs and 11 in DJIA are, effectively, the same day since they span a
weekend. Same with April 5 and April 7, effectively the same date. But the primary date I am
watching, based on other work, is April 18, 2014. There are numerous posts on this blog addressing time and price on that day.
Supplementing SC dates, it’s wise to at least consider some,
in your face, astro events soon to occur: a total lunar eclipse in the morning
hours of April 15 (pre trading) and an annular solar eclipse on April 29. Each are close to the above pivots. These eclipses define the “Puetz Crash Window”
which is always something to keep in one's peripheral field of vision.
Jim
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