Chaos Clinic Recap
Here are Al's comments
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Will It Be An Unhappy New Year For the S&P ?
Chaos Clinic for 12/7/2018
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The past two weeks have seen the S&P futures soar, dive, and waffle.
Since the Fireball top I pointed out in early October, the S&P futures
have broken below the open of the year of 2680.25 three times.
Each time, it has rallied to hold above it. But I do not think it will
be above it at year end. The reason I think this is that the 36 day ZGO
energy forecast shown on the chart has done a very decent job of forecasting
the ups and downs of the S&P over the last two months.
It now shows the S&P holding up into about the 20th of December. At that time
two things happen. The Fed meets December 18-19th to discuss raising interest rates.
And the fall equinox falls on the 21st. The first high of the Fireball top came on
the summer solstice.
Following that time point, the 36 day ZGO drops sharply into the New Year. The 36 Day ZGO
forecast is an XGO energy forecast for the S&P, smoothed with a 36 day Zero Delay (ZD) filter.
These forecasts are made with the WinXGO program available at Moneytide.com
All forecasts should be tracked with something like exponential moving averages. In this case
the 200 day EXMA is trending downward. The 36 day EXMA is below the 200 day, with increasing
separation. If the forecast decline into year end does occur, this separation should increase.
Besides the comments made by Al, the chat room has live
comments from other traders who sometimes share their views,
trades and tips. Below are the chat room comments from this clinic
12/7/2018 2:00:27 PM MT Al****:: have a good weekend everyone
12/7/2018 12:43:33 PM MT BOG****:: Thanks.
12/7/2018 12:34:47 PM MT Al****:: the one I trade is much like the 3rd one down
12/7/2018 12:28:58 PM MT Al****:: those on the SPKISS page
12/7/2018 12:27:06 PM MT BOG****:: Dr. Al which chart best depict this move? Thanks.
12/7/2018 12:21:29 PM MT Al****:: I was stopped
12/7/2018 12:14:33 PM MT Al****:: rvb: you were right
12/7/2018 12:14:15 PM MT Al****:: bbb: yes
12/7/2018 12:10:15 PM MT bbb****:: possible Go Big here Al?
12/7/2018 11:54:39 AM MT Al****:: just completed a nice Teamviewer caall with RVB
12/7/2018 11:54:00 AM MT Al****:: jvj: Glad to hear that
12/7/2018 11:32:31 AM MT jvj****:: Thanks for reply, Al
Was using different range of data days.
Now agrees
12/7/2018 11:29:45 AM MT rvb****:: great chart on AUX
12/7/2018 11:07:04 AM MT Al****:: decline was exactly 3 hours, 1/8 th of day
12/7/2018 11:02:31 AM MT Al****:: nice 7 moves down
12/7/2018 10:42:10 AM MT jvj****:: Thanks, Al
12/7/2018 10:39:08 AM MT Al****:: jvj: sent you a reply
12/7/2018 10:24:27 AM MT bbb****:: fun few days here
12/7/2018 10:21:36 AM MT jvj****:: Al, Sent you a chart in your e-mail for your comment when you get a chance.Thanks
12/7/2018 10:16:28 AM MT Al****:: RVB: are you on? if so sign in to Teamviewer
12/7/2018 9:47:28 AM MT BOG****:: Thanks Much.
12/7/2018 9:46:27 AM MT Al****:: OK: just talked to Mark, he has a working DataFile for NT8,
but not a tested, ready to license version. So for now you would need to use NT7.
12/7/2018 9:41:06 AM MT Al****:: BOG: you will need the DataFile "indicator" for NinjaTrader
but don't get it from my site-my son just about has EnergyFieldTrading.com done
He has stuff for NinjaTrader 7,
but he may have the DataFile for NinjaTrader 8 ready to sell
I'll check with him
12/7/2018 9:37:01 AM MT Al****:: had a tooth that broke- had to be pulled- will need an implant later; fortunately have an excellent dentist and dental surgeon
12/7/2018 9:34:41 AM MT Al****:: BOG; there is a video about it on my YouTube channel
12/7/2018 7:45:37 AM MT BOG****:: Hi Dr. Al, Please where can I get the instructions on how to go about importing the the XGO data with export with ASCII with Ninjatrader Thanks.
12/7/2018 7:40:13 AM MT jvj****:: Good luck at the dentist!
Have appointment later this month. Looking forward to it.
12/7/2018 7:10:04 AM MT Al****:: Chaos Clinic is posted on AUX page
12/7/2018 6:58:03 AM MT Al****:: GM all-good luck today
Thanks GON
Will be at dentist for next few hours
12/7/2018 2:22:23 AM MT gon:: Good morning everyone! Al, the AUX is posted here:https://www.fxstreet.com/analysis/an-unhappy-new-year-for-the-sp-201812070918 (looks very good once edited)
9:00 Eastern-System: No comments
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