TD = Trading Day
IMP = Irregular Megaphone Pattern (3 touch points and a final impulse)
IMP's retrace back to near touch points 1 & 2 (which are close together.
MP = Megaphone Pattern or Broadening Top Formation (BTF)
TLC = Trend Line Convergence (rising tops and bottoms lines
that converge denote a buy point; opposite for declining tops
RW = Rising Wedges create waterfall declines
(sometimes the wedge is broken only to have price re-enter
the wedge before true waterfall action begins)
DW = Declining Wedge (opposite of a rising wedge)
RBL = Rising Bottoms Line (connects 2 or more rising price points)
DTL = Declining Tops Line (opposite of an RBL)
VLT = Very Long Term (Follows E-Wave Major Moves Over Years)
LT = Long Term (3, 4 and 7 Year Cycles)
IT = Intermediate Term (20/40 week and 18 mo. cycles)
ST = Short Term (Follows Gann 16 TD and 5-7/9-11 week cycles)
VST = Very Short Term (Follows Gann 4 and 8 TD Cycles)
G 4, 8, 16, 32, 64: Gann daily cycles (lo, hi)
G4 is +/- 1 TD's, G8 is +/- 2 TD's, G16 is +/- 4 TD's
(sometimes, but rarely a G8 runs 11 TD's and a G16 runs 21 TD's)
Weekly Cycles: 5 (22-28 TD's), 10 (44-56 TD's), 20 (85-115 TD's),
40 (170-230 TD's).
7 week cycles: 7 (31-39 TD's), 14, 21
Monthly Cycles: 9, 18, 36. Gold runs a 32 month cycle
Yearly Cycles: 3.0, 4.0/8.0 (stock market), 3.5-4.0/7.0-8.0, 15.0-16.0,
30-32; 60-64 (gold)
7-Year Cycles, 20, 40 and 80-Year cycles, 90-Year cycles,
The 7-Year Cycle is known as the Shabbat Cycle and
has some variance.
The 20/40 and 80-Year cycles are part of the generation cycles.
The 90-Year is a deflation cycle and the 240-Year is a political
revolution cycle (12 generation cycles).
The 80-Year (or 4 generation) cycle is also a major
depression/war cycle associated with Uranus in Taurus.
Benner's Cycle is based on repeating Fibonacci sequences.
Elliott Wave Theory = Markets move up in 5 waves, down in 3 completing an octave. 5 waves up = 1 up, 2 down, 3 up, 4 down, 5 up. 3 waves down = a down, b up, c down (x,y,z and w,x,y are irregular, overlapping a,b,c waves).
E-Wave Degrees: Grand Super Cycle, Super Cycle, Cycle, Intermediate, major, minor, minute, minuette, sub-minuette.
MAJOR RULES- Wave 4 cannot pass wave 1.
Equality of Waves Principle: 2 waves in a 5 wave sequence often equal in time, price or both. Occurs also with Waves a and c.
Rule of Extensions: At least one of the 5 wave sequences will extend into a 9 wave sequence.
Rule of Alternation: If Wave 2 is simple, then Wave 4 will become complex and visa versa.
Waves 4 and B are often trend line or channel breakers.
If wave 3 was shorter than wave 1 (wave 1 was the extended wave), wave 5 cannot be longer than wave 3
Triangles (a,b,c,d,e) only occur in Waves 4 or B.
P/C Ratio (put/call ratio) is a psychological indicator suggesting extremes in bullishness or bearishness in option players should be seen as contrarian.
Double tops or double bottoms are divergence reversal patterns.
Bradley = Astro indicator suggesting a possible turn in the markets. Best used with other indicators and cycles, not as a stand alone.
New moons and full moons (often seen at highs or lows).
Astro Aspects = bands of time where markets have a high per- centage chance of reversing the trend.
"Divergences: Positive and Negative Divergences can come in many forms with many different oscillators and in many time frames (30, 60 120 min., daily, weekly, monthly).
There are momentum oscillators (stochastics, MACD, RSI); volume oscillators and advance/decline oscillators (McClellan); price oscillators (PPO). Divergences can also occur in different indexes domestic and worldwide."
Gaps = break away, continuation, exhaustion. Gaps don't always get filled, but often times do, especially later in a trend.
Candlesticks are Japanese in origin like: evening star, morning star, harami, doji, spinning top.