Futures Market - Energy Highlight #2
"Inversion Indexes" and "ALMANAC V" trading system combine to buy crude oil 1 day after 9 year low and prior to sharp rally.
(COMMENT #s 225, 235, 242)
UPDATED 19980316
COMMENT 1998-225
Don't forget to apply the "ALMANAC V" trading system this morning to the markets being followed in these COMMENTS (both for entry and exit) in addition to those followed by the system.
UPDATED 19980318
COMMENT 1998-235
1. Note, on the same page, the weekly "Inversion Cycle" index that occurs in the primary market in the complex on page 365 of "The $upertrader's Book of Linear Time Cycles".
UPDATED 19980323
COMMENT 1998-242
1. I guess the "Inversion Cycle" Index of last week highlighted in COMMENT # 235 and listed on pages 285 and 365 of "The 1997-98 $upertrader's Book of Linear Time Cycles" proved rather timely.
2. One should note from the "Inversion Cycle" peak on page 365 that it is not the HEIGHT of the peak that warrants our attention.
3. You would have had to combine the "ALMANAC V" trading system to catch last Wednesday's lows in this complex.
4. Such was suggested in COMMENT # 225 the day before Wednesday's low.
5. Crude oil has traded over $4.00 higher than Wednesday's low this morning.
6. Hope you not only caught this CL bounce, but were smart enough to extend positions to the HO and UL.
7. One should note that the last two weekly ringed lows (see pages 94-101 of "The $upertrader's Reference Manual") in crude oil of 980317 and 980123 both occurred exactly during the only two weekly "Inversion Cycle Index" projections of the year (see pages 253 and 285 of "The 1997-98 $upertrader's Book of Linear Time Cycles").
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