Saturday, March 24, 2012

Expect Monday to be Red Resumption

Three successive down days meant that we did get the Red Reversal. Yesterday's up day was more likely a pullback in the downtrend rather than a green reversal. All of the 12 green pullbacks since last August were
followed by a red resumption day rather than a 2nd green pullback day. The first chart represents the Outcomes of the 35-36 GRID for the Eight Day Volume Trend minus Current Day Volume Demarkian & Reverse Demarkian Oscillators since last August. Three 35-36 combos occurred. The first one predicted a green resumption followed by a red reversal (this is not applicable to the current situation since TNA fell for 3 successive days (i.e. red reversal)). The second 35-36 grid predicted a next day green pullback (35) followed by a subsequent day red resumption (36) respectively. In the second and third 35-36 Grids, a down day (35) with high volume (i.e. relative to the eight day trend), was followed by a lower volume up day (36). Expect the Yellow arrows to repeat the latter GRID outcome. The second chart represents the Outcomes of the 10-49 GRID for the Eight Day Range Trend minus Current Day Range Demarkian & Reverse Demarkian Oscillators since last August. Two 10-49 combos occurred. The first 10-49 grid predicted a next day green pullback (10) followed by a subsequent day red resumption (49) respectively. In the two 10-49 Grids, the TNA High minus Low Range increased over the two days. The third chart represents the Outcomes of the 29-2 GRID for the Close Location Value Demarkian & Reverse Demarkian Oscillators since last August. Close Location Value=((TNA CLOSE minus TNA LOW)minus(TNA HIGH minus TNA CLOSE))/(TNA HIGH minus TNA LOW). Two applicable 29-2 combos occurred. The first 29-2 grid predicted a next day green pullback (29) followed by a subsequent day red resumption (2) respectively. In the two 29-2 Grids, the Close Location Value Demarkian Oscillator fell then rose. The fourth chart represents the Outcomes of the 16-2 GRID for the Chaikin Volatility (7) Demarkian & Reverse Demarkian Oscillators since last August. Chaikin Volatility (7)= AVERAGE(7 day TNA Range)-AVERAGE(prior 7 day TNA range) where Range=(TNA HIGH minus TNA LOW). Two applicable 16-2 combos occurred. The first 16-2 grid predicted a next day green pullback (16) followed by a subsequent day red resumption (2) respectively. In the two 16-2 Grids, the Chaikin Volatility (7) Demarkian Oscillator remained flat, whereas the TNA close fell. The fifth chart represents the Outcomes of the 40-41 GRID for the FAST %K-%D DIFF (14) Demarkian & Reverse Demarkian Oscillators since last August. Two applicable 40-41 combos occurred. The first 40-41 grid predicted a next day green pullback (40) followed by a subsequent day red resumption (41) respectively. In the two 40-41 Grids, the FAST %K-%D DIFF (14) Demarkian Oscillator rose as the red & black lines crossed up. No more ice.

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