Futures Market - Silver Highlight #7

Squaring of price and time in accordance with the technique presented in "The $upertrader's Reference Manual" ALIGNS WITH "Astro Point" information listed in "The 1998 $upertrader's Almanac - 2nd Half Edition" and monthly/weekly "Inversion Cycle"
ALIGNMENT listed in "The 1998-99 $upertrader's Book of Linear Time Cycles" to mark 1 year low in silver.

(COMMENT # 626)

 

UPDATED 19980831

COMMENT 1998-626

1. Let's turn to the chart on page 187 of "The $upertrader's Reference Manual".

2. Now we're going to apply the information in the chart to the market on pages 361 of "The 1998-9 $upertrader's Book of Linear Time Cycles" and page 308 of "The 1998 $upertrader's Almanac - 2nd Half Edition".

3. The move up from last July's low to the February high required 140 trading days (FIBONACCI # = 144).

4. The move is SQUARED with respect to both price and time at the point where the vertical line on the right intersects the low.

5. Tomorrow is the 144th trading day since the February high.

6. See page 165 of "The 1998-9 $upertrader's Book of Linear Time Cycles".

7. This monthly/weekly "Inversion Cycle" ALIGNMENT is still operative for this market even though it is now 2 weeks late.

8. This inaccuracy seldom occurs but, months from now, will be considered within the 2 period window IF the market does turn.

980831 graph.gif (5722 bytes)

 

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