CharterX

2022_07_06 Mr. $NDX - Nasdaq Update

Short
CharterX Updated   
NASDAQ:NDX   Nasdaq 100 Index
It's been 6 months since publication on $NDQ so as promised , made some time to kind of clean that graph and even created a new layout without indicators cause last time i published so fast ( just wanted to launch the idea fast before it happened ), that i forgot how cover shows up to public when you use a layout with lot of indicators. Also forgot that sometimes i share what my brain sees but that people probably wont even understand what tha hell am i talking about lol .. so i apologize for that one. Here's a clean up and even an update of what i have been studying.

Following same idea from last one, this time im using $NDX Ticker ( no special reason for the change, i use multiples tickers of same index some times just to have multiple ideas in front at same time )

As mentioned in last post, it would mean hyper inflation if we get to those levels. I think it's insane to get there, but since i have learned to leave every possibility open, ill leave that as a warning of what could hyper inflation could mean.

Something that got my attention when doing some metrics and extending lines, is that projecting the middle of that pythagorean triangulation, in this specific time, it lead to that specific price.

Personally, i believe the algorithms that have been used have a lot of Mr. Pythagoras, and probably until now, the hand that moves the market is realizing what it means to complete the task and the meaning on the system and the impact in the world, or the other way around, realizing that what is happening in the world could radically change everything as we know to this dates.

Don't think it would go for it. Why? Ill explain in detail below.

So ill say it is wiser to wait and see if there's a bounce or not, or if Hidden Bearish Divergence is confirmed later on, etc. But basically accumulate shorts at different ranges as soon as there's a bounce, personal opinion.

Ill be dropping images the next few days to explain more in depth what im expecting. But for now, the charts are triggering alarms of possible large periods of downtrend

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Notes:

Regarding my type of analysis, well, let's say that last couple of years i have been digging a lot on Mr. Pythagoras theorems and numerology. I know it sounds crazy at first sight but all research and study have taken me to the old times and principles. To a man who ideas were conceived more than 2000 years ago, and still remain present, including markets.

Funny story, before studying him in depth, i used to say: It is all in the Maths . Now i just discovered (without knowing) , and as he once said: Everything is number . I'm now sure about what he meant,

en.wikipedia.org/wiki/Pythagoras
en.wikipedia.org/wik...i/Pythagorean_triple

www.youtube.com/watch?v=fd_v8UIe...

Here are the basics or so you may understand why my interest in this. If you really would like to master the markets in another level, i believe it is fundamental to study him. Im pretty sure you have seen parabolic triangulations, but do not understand why or when they explode into the uptrend. I just may confirm that my trading have improved since all this, i have gained more patience, and calm and no hesitation taking any decision when opening a position.

Well, it is possible to calculate with greater precision when could parabolic movements may occur on a specific market, believe it or not.

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Hope it helps out somehow.

Cheers!

CharterX

// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. ! Use at your own Risk ! //
Comment:

Over Here, personally is ready for a good Distribution Period in range, or correction and time to decide if there's continuation or reversal. Personally, going with reversal.

We have a Bearish Butterfly extended with inflationary purposes. If you know how Bearish Butterfly works, then you know what to expect.

Even if you see it like: there was a double bottom when re accumulation. Yes, is the same, they get to an end anyway. And doubles bottoms becomes double top.

So i would expect a kind of double top in that timeframe.

In Pythagorean Numerology, there are special numbers. My fav. 83 or #Wealthy83 as i call it.

According to numerology 83 = 0 , I interpret this as a reset. After lot of months of research, i have seen in it in different markets, in different time of periods. When the average of periods on a specific timeframe is around 83, there's is a significant move in the price. It could be as reversal, it could be continuation. Needs confirmation with regular indicators as MACD / RSI or just RSIM

The bigger the Timeframe, the bigger the move. But because of some indicators at 6 Months are on extreme overbought levels, the logic says go opposite , with no fear.

CharterX

// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. ! Use at your own Risk ! //
Comment:

Perhaps something similar, if it dos not happen sooner and at once.

CharterX

// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. ! Use at your own Risk ! //
Comment:

We haven't seen at 6 months chart, the real warning. I suppose market participants are being tested right now.
Comment:

RSI at 6 months have gone down a lot but not in relation with price.

When this happens, Bearish Hidden Divergences start to appear in different timeframes.
Comment:

RSIM 6 Months is showing the bleed entering lower areas after being stopped three times in higher part. A cool down if you want to call it.
Comment:

Again, Bearish Butterfly used on purpose to inflate as maximum.

12 Month Chart

This have not even started

I've you believe is going to stay forever over there, remember there is a lot o space below, and what happen after a Bearish Butterfly
Comment:

Inverse Chuvashov

Old Support Becomes New Resistance
Comment:

As mentioned before , average is around 83 but in some cases it is very precise.

Just another sample. And have hundreds where you may find that cycle mechanism if you would like to call it. After those periods, in a specific timeframe, a significant change in price occurs, in same or opposite direction according to different factors

Personal theory, is a very special prime number in math for what i have notice. I'm digging trying to figure out why is present in every financial instrument ( and even other graphics, even when is not related with financial ). Or in cryptography.

Even wondering if it have some relation with Mr. Reimann Hypothesis.

But anyway, that's a whole other story i'm working on lol.

Just wanted to share what i just notice

PS:

I'm not posting to convince you what to do or what to think. I'm just here to share.

Cheers,

-CharterX

// Personal ideas and knowledge i have gathered after thousands of hours of study. I share this for free but should not be considered as Financial Advice. ! Use at your own Risk ! //

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