elliott waves – LPPL Market Watch

The Bubble Index and Daneric’s Elliott Wave Count Comparison

lpplmarketwatch — Mon, 15 Dec 2014 02:36:00 +0000

The American stock market appears to be at a critical juncture. On the one hand, various trading blogs such as the ELLIOTT WAVE lives on, suggest a continuation of a Primary 5 Wave Impulse up-trend in place since the 2009 low. Other Elliott Wave traders, like Daneric’s Elliott Waves, place the current up-trend as a B Wave rebound from the 2008-9 A Wave correction. In a previous post I mentioned the connection between The Bubble Index and Anthony Caldaro’s EWC. In this post I suggest a connection with Daneric’s EWC. The graphs below show this connection with The Bubble Index: DJIA. I neither agree nor disagree with Caldaro/Daneric. The comparison is presented here for comment.

Graph 1. The Bubble Index: DJIA (5,040 Days) with Daneric’s EWC

Graph 2. The Bubble Index: DJIA (10,080 Days) with Daneric’s EWC

Graph 3. The Bubble Index: DJIA (20,160 Days) with Daneric’s EWC

Elliott Wave Count and LPPL Oscillations

lpplmarketwatch — Sat, 25 Oct 2014 16:50:00 +0000

In the following chart, you can see a relationship between The Bubble Index and Elliott Waves. The Elliott Wave Count is from the ELLIOTT WAVE lives on; the blog of Anthony Caldaro. His charts can be found here.

The Bubble Index 1764 days tends to peak with Intermediate waves i, iii, and iv; while The Bubble Index 1260 days tends to peak with Major waves 1, 3, and 5.

Supercycle: Light Blue
Blue: Primary
Black: Major
Intermediate: Purple

Giant Honeybees Create the Fibonacci Spiral

lpplmarketwatch — Sun, 20 Apr 2014 18:30:00 +0000

In the following video you can see how the Giant Honeybee (Apis dorsata) wards of its predators. The pattern looks remarkably like the Fibonacci Spiral. Now imagine an analogous sort of wave propagation occurring in financial markets during corrections, panics, and crashes.

Flow Chart of Price Formation and Reaction

lpplmarketwatch — Fri, 21 Feb 2014 03:14:00 +0000

Commodity Fetishism, Bubbles, and Elliott Waves

lpplmarketwatch — Thu, 13 Feb 2014 03:18:00 +0000

Perhaps a connection between these ideas? This quote from Wikipedia’s page on commodity fetishism triggered a curiosity:

The value of a commodity originates from the human being’s intellectual and perceptual capacity to consciously (subjectively) ascribe a relative value (importance) to a commodity, the goods and services manufactured by the labour of a worker. Therefore, in the course of the economic transactions (buying and selling) that constitute market exchange, people ascribe subjective values to the commodities (goods and services), which the buyers and the sellers then perceive as objective values, the market-exchange prices that people will pay for the commodities.

Read here for more information on commodity fetishism. I saw Dr. Rodrigue’s plot while reading more about Karl Marx’s commodity fetishism on Wikipedia. Dr. Jean-Paul Rodrigue’s blog (where there is commentary on market bubbles) contains the following graphic:

There are many ideas in my mind after reading and thinking about the connections between commodity fetishism, bubbles, and Elliott Waves. In addition, the plot of bubble phases by Dr. Rodrigue’s has a clear connection with the 5 wave impulse and 3 wave correction. I need to think more about some of these ideas and formulate some clearly written ideas.

The Bubble Index: TSLA – February 10, 2014

lpplmarketwatch — Thu, 13 Feb 2014 00:14:00 +0000

The stock of Tesla Motor Company (TSLA) seems to be undergoing some interesting price action. Visually, it looks like a 5 wave Elliott impulse. The Bubble Index has been doing some interesting things. First, 153 and 256 day index predicted the top of the 3rd wave. It now appears that the 336 and 512 day index is predicting the end of the fifth wave.

Multiagent’s model of stock market with p-adic description of prices – Viktor Zharkov Mikhailovich

lpplmarketwatch — Mon, 10 Feb 2014 04:18:00 +0000

I find the ideas of Elliott and Prechter to be of extreme importance in understanding large scale social networks of humans. The idea of Elliott Waves, their numbering and theory are convincing as evidence suggests in the charts and data of financial history. I would not be surprised if further research into the physics, math, biology, and dynamics of massive human networks reached the conclusion that Elliott Waves are the result of a fundamental physical process governed by mathematical relationships inherent in human networks.

Perhaps the paper by Viktor Zharkov Mikhailovich, entitled Multiagent’s model of stock market with p-adic description of prices is such an answer.