The Great Bear Market In Oil – A Spiral Calendar Perspective

Posted: September 1st, 2010 under Commodities, Past Market Analysis.

The first chart shows two forward-running spiral calendar grids superimposed on the oil market decline (USO). The top blue vertical lines are spiral dates aligned with the all time top on July 11th, 2008. The lower red vertical lines are spiral dates aligned with the corrective high on August 21st, 2008 which also happens to be close to F3 from the July 11th top. As you can see most of the peaks and valleys during the price decline align with a spiral date from one or both of these grids. We can draw other grids forward from other post-top highs or lows to pick out virtually every single high and low within about 1 day.

Oil – USO – Spiral Calendar Alignments During The Decline

Spiral Calendar alignments for Oil/USO forwards from  July 11th, 2008 and Aug 21st, 2008

Spiral Calendar alignments for Oil/USO forwards from July 11th, 2008 and Aug 21st, 2008 – click to enlarge

Oil – USO – Spiral Calendar Alignments During 2010

More recently a high on December 1st 2009 and the immediately following low on December 11th, 2009 combine grids to pick out a high percentage of subsequent highs and lows in the 2010 market within a day or two.
The blue vertical lines are dates aligned with Dec 1st, 2009, and the red ones are aligned with Dec 11th, 2009.
Spiral Calendar alignments for Oil/USO forwards from  Dec 1st, 2009 and Dec 11th, 2009

Spiral Calendar alignments for Oil/USO forwards from Dec 1st, 2009 and Dec 11th, 2009 – click to enlarge

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  1. […] last oil post showed a turn date for Sept. 13th which turned out to mark a turn lower. In fact the oil price […]

    Pingback by Oil Update September 17th, 2010 — September 18, 2010 @ 12:49 am

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