Saturday, November 24, 2012
MONDAY WILL BE DOWN
Friday flashed a 5:24:5 for the 3rd day in a row...but this one looks pink rather than green a la Constance Brown's writings on halfpoint.
If the print for the day is 5:24:5 and the STOCH C14/D19 HALFPOINT (14) and STOCH HA C14/D19 HALFPOINT (14) are both equal to 1, then the next day is down. Since 8/1/11 this occurred on: 2/3/12(REVERSAL), 4/27/12 (PULLBACK), 7/3/12 (REVERSAL), 9/7/12(PULLBACK), 10/17/12(REVERSAL), AND 11/23/12. THE ALTERNATING OUTCOME SUGGESTS A PULLBACK.
C14/D19 HALFPOINT CALCULATION FOR LINE 19 (8/22/11) =E19-((C14-D19)/2+D19) =TNA CLOSE ON 8/22/11 (E19 = 35.87); yellow line) minus 8/22/11's LOW (D19=35.10) PLUS 1/2 X (THE DIFFERENCE BETWEEN THE HIGH 5 TRADING DAYS BEFORE (THAT WAS WHEN THE MARKET REVERSED)
(C14 ON 8/14/11=48.98)& D19)=35.97-((48.98-35.10)/2+35.10)= 35.97-((13.88)/2+35.1)=35.97-(6.94+35.1)=35.97-42.04=-6.17
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