Responding to Joe's question below, this chart is a plot of the actual Eastport tides (lowest tide) each day along with Don Wolanchuk's 3 dma of the clx. I wont get into the clx here and now; it is a subject that requires quite a bit of explanation. However, I will say that it marrys and mirrors the tide stuff pretty well.
Anyway, getting back to the subject....You see the black arrow pointing to todays extreme level of tidal swing....what this particular point represents is the highest elevation of the lowest tide in quite some time. In other words, todays tide level (lowest tide for the day) is higher than at anytime for quite awhile. Taking this a little further, we are at a point where the moons gravitational pull on a seasonal basis is low, low, low......we should coincidentally, if you believe low gravity equals higher market prices, then we should be at or nearing a seasonal top........food for thought and a reason for my caution. I know this was short and sweet, but it's a monday....lol.
Let me add that this hypothesis needs additional thought and work, so dont bet the farm on it!
4 comments:
oops ... i posted my comment on an earlier thread. congrats on an excellent hit.
you could really feel the washout - the tides. 10/26 was a minor date in my work as i posted a while back. but with your nexus, it just might be a really important final low before a sharp upspike.
of course, i could be wrong.
i agree with joe: your site is a "must read."
thanks!
Larry,
Thanks for your explanation.
Joe
Thanks guys. Hope you are able to get something useful from all this....
Can someone repost Joe's site URL? I checked back a dozen posts here and didn't find where Joe posted a URL.
Tnx to Larry for this blog too.
curt
Post a Comment