Overnight there were three pivots in the Weekly Map of Time and not one of the three correlated with DJIA futures. DJIA futures are not DJIA despite my previous rationalizations...they simply do not have the same 'vibration' according to Luo Clement (WD Gann)"Periodic Table of Vibration."
Today, I have one and only one pivot for DJIA according to the WMOT. I'll be watching it in real time:
You can see the "P" as the first letter of the 4156th line (cumulative descending) of the WMOT. You can see the "I" as the first letter of the 4157th line of the WMOT. I define that marker as "Pi" because they are on vertically contiguous lines.
I expect a visible, definitive pivot at 12:21pm today.
I will also be watching the DJIA intraday, as a new intraday has already been recorded. My 'ideal' as I mentioned on several occasions would be the Biblical Great Week metric of 2520 weeks X 10 or John Dee's philosopher stone number of 252 X 10,0 plus the September 3, 1929 top intraday of 386. That would be 25200 + 386 = 25586. That number does not need to occur today at 12:21pm; all I'm considering as a test today is a visible pivot at 12:21pm.
I consider this a real time test and will add to this post as we approach the four-minute bar that contains 12:21pm.
[Previous gaps are closed and we have a new gap-up this morning. Again, exhaustion or break away?]
12:34pm On the 1-minute chart, there is clearly, albeit small, a low bar pivot at 12:20pm compared to the WMOT prediction of 12:21pm.
As a CPA working audit on Fortune 500 companies, I'd neglect "immaterial" errors as if they had not occurred.... "Pass adjustment, not material to the financial statements."
As a statistician, I'd say either it did or it did not occur...a "yes" or "no" population (a Bernoulli process) of events that did or did not occur. Since the pivot did occur within the four minute cycle, there isn't any question in my mind the WMOT did "predict."
I can hear "Tony the street wise bookie" (Nasim Taleb's wonderful "Black Swan" character who outsmarted the MIT Phd statistician), remarking behind the Phd's back, "Mr. Nassim, any fool knows a head in a coin-toss it is still a head even if it's all worn down and hard to see."
The question is, are such small pivots worth following or are larger pivots worth ignoring?
Not past the first square yet...determining by test work the WMOT works. Oh, I know because I've done at least some back testing. For those who follow my work, you're limited....either you have to take my verbal subjective assessment or you have to watch in real time yourself.
Verbal subjective assessment....rely on work someone else has done or rely on non mathematic work. How has that worked out for me? Not so well.
This is the last DJIA pivot for today. The next DJIA pivot, I think, is 12:20pm. I say "think" because the presentation of Pi is unusual. It seems to signal two pivots instead of just one:
From left to right I read "I" and then "P" which indicates to me a pivot will occur in the green highlight at 4:38pm on January 15 (Monday). After all, the right side of the WMOT ascends and the reading of "IP" ascends (bottom "I" before higher "P").
Reading from top to bottom, "P" appears on descending line 8474 and "I" appears on 8475. On the left side of the WMOT, you have descending direction and Pi is spelled in a descending manner...the same direction. Therefore, I interpret there is a pivot in the yellow highlight at 12:20pm on January 12 (tomorrow).
Jim Ross
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.