Yamasee

Natural Squares: Back to The Future

Short
TVC:DJI   Dow Jones Industrial Average Index
8
The method makes next to no sense, I know, I know, but sometimes it's a picture of wealth. I'm pointing to Natural Squares - the mystical, ethereal, nebulous way of prognostication whether by minutes, days, weeks, months, even years. It's place in the Trading Hall of Fame? Well, in the basement, around a dark corner, in a dusty crate next to the boiler. This is how your GREAT-granddad may have traded.

Then...again....

A vital Dow cycle, for me, comes due 5/19, and it would be helpful if I could corroborate the day. (I understand some Hurst cycle people like the May date, too.) NS provided a good view. Starting at the black line moving left, the brown one is the square of 27, off by two days. The blue line represents the square of 22 or 484 days, 24 hours from that major low. The red line is the square of 14, the beginning of the last thrust. It's a decent cluster; not convincing by itself but a beginning. Lest you think that's all: from 5/19, the square of 28 (784 days) on 3/27/15 (triple low resistance); the square of 40 or 1600 days, a 12/31/12 low; and the square of 47, 2209 days, spot on the 5/2/11 high. Further, to complete the frame, is the square of 124.5 (Yes, the half square. Remember your Gann?) or 15500 days - at 570 points, the uber low of the decade, 12/9/74. Though it was off by 48 hours. Many, many other examples exist, I would assume.

Lastly, connections to the 3/1 high abound as well. Squares of 22, 50, 54, 55, and 72.5...respectively, 11/3/15, 4/27/10, 3/7/09, 11/18/08, and 10/10/02. The dates hit from perfect to three days away.

Hmmm. When is too much coincidence no longer coincidence? Great-granddad would by proud.

Yam
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.