Market moves in strong mathematical correlation of time and price.
S&P made a low of the last Decade on 03/06/2009 at a price of 666.73 and the lowest close of the Decade was 676.73 was made on 06/09/00, when most of the markets made their bear market low and low of that day was 672.
Market makes a strong reversal when price and time meet and converge at a mathematical relationship with each other. Sun/Earth would have traveled 676 degrees on 01/22/2011 and it would have 672 degrees by 01/20/2011.
From a recent swing high, just before the May Flash Crash (most sever crash in the recent history), Earth/Sun have traveled 261.8° (161.8×161.8) by 01/17/2011. Moreover the Bear market lowest price of S&P makes a price squaring at 1,332. We are stone throw away from this level. Whether we reach this level prior to this time frame or within the time band stretching from 01/17/2011 – 01/24/2011, is yet to be seen. If it does that level, then price and time would square completely. However, a price within the proximity of 1,300 (+/-13) does complete the price squaring.
http://trade-in-harmony.blogspot.com/
Master piece of work and research sir
Thanks for sharing
Gratitude is a virtue, guys!