Price Time Area under the QQQ square; March 7, 2014 or May 14, 2014?

One item supporting the case that QQQs topped March 7, 2014

A good friend, and probably most people, prefer March 7 as the top in Nasdaq, NDX, QQQs.  I have them topping last or, certainly, not first of the major 3 indices, but you really have to look at the good case that March 7 is "it."  Here's one item supporting that case using QQQs as the proxy for Nasdaq/NDX.

A "natural" price element with which to define QQQs is the nickel.  In other words the 1X1 can be considered one nickel per day.  So, a zero line from QQQs lowest CLOSE (11/21/2008 was the low intraday but 3/9/2009 was a lowest close) looks like this:

And mathematically you have March 9, 2009 to March 7, 2014 (hmmmm, two days different after 5 years) is 1824 days.  1824 CDs X .05 = 91.20.  The March 7, 2014 high was 91.36.  Pretty darn good price and time balance.  Here's the math again:

 

Price Time Area under the Square

Here’s what my lawyer buddies or my Elliott buddies call an 'alternate case.'  I call it 'price time area under the square.'  I’m sure someone has tried to do this over the years but I have not read it.  The 'square' is the entire time duration of a bear or bull market.  The price is the highest high for that bear or bull.  Using an assumed price of 94.60 on an assumed date of 5/14/2014, here is my calculation of the price time area for the 2007-2009 bear and the 2009-2014 bull:

 

As we know, the 2009-2014 bull is a lot bigger than the 2007-2009 bear.  Duh.  It’s 6.5659 bigger than the area of the 2007-2009 bear according to the price time areas as I’ve computed them. 

Far more importantly, the fourth root of 6.5659 has what connection to the Fibonacci growth cycle in nature.  It is the 1.60^4.  On May 14, 2014 and at a price of 94.60, that area of will have grown four natural growth cycles. 

[94.60 is based on 1892 calendar days X $.05 and the 5/14/2014 ending date is based on the previously suggested ending diagonal triangle.  Price and time are interchangeable in the area formula so an earlier time can be substituted and it requires only a higher price.  On Sunday May 11 helio Saturn is conjunct Earth, so that might provide a good date as well.]

Jim

Addendum.  The number of days is apparently so large, that when I put in 5/11/2014 as the end date, I do not get any substantial change in the ratio of 2014 area divided by 2009 area:

http://screencast.com/t/S4YPZh6Eb

It still boils down to 1.6001 instead of 1.6007.  It actually gets a tad better.

However, if I put in 3/7/2014 and the price high on that day of 91.36, the Phi ratio is totally destroyed.  I do not see anything notable about those ratios at first look.

http://screencast.com/t/WjwCwR6qt

Jim