Geometric Confluence on Emini NQ in 3380 to 3400 area

There are ten separate sets of projections that point to 3380 - 3400 area basis Emini-NASDAQ 100 Futures (Continuous Contract). There is no certainty in market forecasting, but there is a pretty high probability of a significant reversal or even a major top if/when this confluence area is tested (it's only 40 points above the 10/18/13 close). Based on empirical evidence, the markets like symmetry and historically have had trend changes when multiple projections line up in a given area (in price or time). There is also quite a lot of overhead resistance in the 3380-3400 area from the trading range of the 2000 top. The analysis is included on the charts below.

The first chart shows the long term picture with eight projections to this confluence area.


The second chart shows two additional projections to the same confluence area based on some fairly recent swing points.


Kim Rice 10-19-13

SP - More Time Geometry

Posted below is a bit longer-term SP chart that shows some highly speculative analysis of potential timing symmetries with the 2007 top.

Kim Rice 10/2/13

10/3/13 update: There is a typo on the chart. It should say "there is a pretty consistent 282 trading day cycle low due around 12/31/13" (not "12/13/13").

SPX Cycles and Symmetry

Posted below are a few charts with analysis and comments annotated. The first chart shows potential symmetry with the 2011 top. If it continues to track, 10/15/13 may be an area to look for a low, followed by 11/27/13 for a possible top. At the moment I'm thinking the highs are in and a rally into late November, if it happens, would be to a lower high or double top. However, in this market I wouldn't rule anything out and a run to 1775 area would be an AB=CD measured move from the 2009 low. The second chart is just a linear time square of 3292 trading days between major tops in 1987 and 2000.

Kim Rice 10/1/13