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Monday 17th January tonight will be Top
US markets are closed tonight.
Monday 17th January tonight will be Top
If you have read TTTA you will know who Robert Gordon is . Sails ? .. Or wasnt it on the reading list through SITM ?
My analysis indicates that The SP500 has topped and look for 1290 to hold . If we trade lower than this level on Monday opening we may see some good downside .
With the SP500 analysis some cycles indicate that either Friday 14th January was Top at 1290 or Monday 17th January tonight will be Top so I am working with both possibilities .
How much more clearer would you like me to make it for you ?Can you please announce trades rather then vague market movements?
Would you like me to type it out in brail so you can comprehend it ?
Just in case you missed the point I am looking for a Top in the SP500 at approximately 1290 which happened on Friday close so if the price trades below that figure I will be sitting back in my armchair with a glass of Cognac watching the market and procastinating upon what I will do next .
Corn Tuesday 4th January 2011 Seasonal Top.
Sails, I interpreted "seasonal" as the top for the corn season but after some research I realise the American corn season begins around June. Maybe "seasonal" is the climate seasons with it being winter now in America.Didn't corn turn out OK, Wysiwyg? According to Ginar's posts and charts it looks like it might be two right out of three.
Sails, I interpreted "seasonal" as the top for the corn season but after some research I realise the American corn season begins around June. Maybe "seasonal" is the climate seasons with it being winter now in America.
Regardless, corn has made a new high over 650 c/bushel.
Wysiwyg, I think "seasonal" is Gann speak in this context and not necessarily anything to do with physical corn seasons. If I remember correctly, the Gann emblem is based on it's own seasons. Perhaps RobertGordon can clarify as it's been a long time now since studying Gann...
On that basis a Gann seasonal high doesn't necessarily mean the trend is over. I found Gann very subjective and so will be interested to see how RobertGordon explains what he meant by "seasonal".
SEASONAL CHANGES IN STOCKS
The average of stocks and many of the individual stocks make important bottoms and tops according to the Seasonal Changes, which are as follows:
The winter quarter begins December 22nd, and 15 days from this date is January 5th and 6th, which are always important dates to watch at the beginning of each year, as stocks often make extreme high or extreme low around these dates and a change of trend takes place.
(From Gann, W. D., W. D. Gann Stock Market Course, Lambert-Gann Publishing Company, Pomeroy, W. A.)
Mr. Gann followed this pattern to list February 5th, March 21st, May 6th, June 22, July 7th, August 8th, September 23rd and November 8th as seasonal times for a change in trend.
What Gann was doing was relating the natural cycle of the seasons to market tops and bottoms (or turning points). The cycle of the seasons each year has an impact on not only agricultural markets (crops are harvested after the growing season, which creates an over supply and thus lower prices), but also in other markets (for example, heating oil prices rise in winter when heating oil is in great demand).
The "seasonal" top for corn did not occur as original poster stated.
It is probably better if you butt out with your pretty astrological copy and attach.Technically it is a seasonal top 4th January, see my previous post above for diagram of seasonal dates. Its probably better not to cut and paste random text if you dont understand what it is about.
The seasonal top was not the 4 January as the poster stated. Comprehende?
Robertgordens forcast was one day out. Isn't is reasonable to allow a day either side of the forecast date to look for a signal to trade the top/bottom......confirm the turn on a swing chart????
The actual seasonal date is 3rd of January 2011 (please see my pretty astrogical copy and attach above) the Corn top came in on 3rd of January. BINGO.
There was a top on the 3rd of January + on a seasonal date = seasonal top. Don't see what all the stress is about.
Robertgordens forcast was one day out. Isn't is reasonable to allow a day either side of the forecast date to look for a signal to trade the top/bottom......confirm the turn on a swing chart????
The actual seasonal date is 3rd of January 2011 (please see my pretty astrogical copy and attach above) the Corn top came in on 3rd of January. BINGO.
There was a top on the 3rd of January + on a seasonal date = seasonal top. Don't see what all the stress is about.
A bit off topic but it is somewhat curious that ginar and robertgordon both often put a space before a full stop or comma. It is quite an unusual habit (IMO) and wonder why they would both do this...
So does Motorway. I don't think anything should be read into it.
Thanks Ruby...
Had a quick look at Motorway's posts again, he tends to omit some full stops but the full stops he does use has no space between the end of the word and the stop.
Robertgordon and Ginar both were using this unusual method of quite consistently placing a space between the end of the word and the full stop. I have noticed since raising this that Robertgordon is now making an effort to put the full stop straight after the word.
I raised it more out of curiosity than anything else because I found it annoying to read. I tend to speed read and with the full stops were out in no mans land for me. So, when Ginar came up with the same writing style, it stood out like a sore thumb.
Haha, maybe I should have been in forensics...
Hmmm! The plot thickens! It stands out for me too, and reduces the easy readability. Have a look at Motorway's posts #64 and #82. (Sorry Motorway, just using you as an example.)
Thanks Ruby...
Had a quick look at Motorway's posts again, he tends to omit some full stops but the full stops he does use has no space between the end of the word and the stop.
Robertgordon and Ginar both were using this unusual method of quite consistently placing a space between the end of the word and the full stop. I have noticed since raising this that Robertgordon is now making an effort to put the full stop straight after the word.
I raised it more out of curiosity than anything else because I found it annoying to read. I tend to speed read and with the full stops were out in no mans land for me. So, when Ginar came up with the same writing style, it stood out like a sore thumb.
Haha, maybe I should have been in forensics...
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