New Experimental Spiral Calendar Chart Indicates Possible Nasdaq-100 Top Now

Posted: June 21st, 2010 under Predictions, Spiraldate Score Charts, Stocks.

I am experimenting with a new chart type that calculates the spiral clusters direct from the market data for any index, stock, or commodity.

Medium Term Experimental Spiral Calendar Daily Score Chart For Nasdaq-100 for June 21st, 2010

Medium Term Experimental Spiral Calendar Daily Score Chart For Nasdaq-100 for June 21st, 2010 – click to enlarge


Short Term Experimental Spiral Calendar Daily Score Chart For Nasdaq-100 for June 21st, 2010

Short Term Experimental Spiral Calendar Daily Score Chart For Nasdaq-100 for June 21st, 2010 – click to enlarge


The monthly charts with spiraldates scores that I have previously posted here are based on a spreadsheet that lists previous highs and lows, mostly in the Dow Jones Industrials and S&P500 indices. The new chart type assigns a high and a low score to each date (going back to June 21st 1999 – the start of the Nasdaq-100 data I have) based on how long before and after there is no higher high or lower low. We then take a subset of these dates as highs and lows based on the highest and lowest scores and project spiral calendar dates forward from these highs and lows. We then mark spiral clusters that have 3 or more spiral calendar projections on any particular date. For dates with a close above the 20 day simple moving average, we place a red bar over the top of the date with a cluster as a potential top, and if the close is under the 20 day SMA we place a green bar under the date with a cluster to mark a potential bottom. The height of the red and green bars is larger if there are more spiral calendar projections on that date.


As you can see these spiral calendar projected tops and bottom, while far from perfect, do quite a good job of marking real tops and bottoms. Right now there is a potential top for the Nasdaq-100 based on the spiral calendar projections for Friday June 18th, 2010.


To check this the red and blue vertical lines show the spiral calendar intervals going back in time from June 18th, 2010. Many align perfectly with prior highs and lows, indicating a likely top at today’s high.


New visitors: please see this post for a brief explanation of the spiral calendar.

Be Sociable, Share!

2 Comments »

  1. What a prediction, RIGHT on TARGET! Amazing, I am bookmarking your site and checking it daily from now on. I guess you have a talent and a desire to teach and share some of your knowledge. Please feel free to include also your rational when picking turning dates.

    Major avid seeker of knowledge on spiral calendar.

    Thank you,
    Marc

    Comment by Marc — June 29, 2010 @ 6:01 pm

  2. Thanks Marc for the flattery!
    Actually the credit should all go to Chris Carolan for discovering this amazing phenomenon.
    I am just cranking out charts based on a formula.

    Dave

    Comment by Admin — June 30, 2010 @ 8:12 pm

RSS feed for comments on this post. TrackBack URL

Leave a comment