moleman340

moleman340 Dec 9, 2024

# **SPX Forecast and Advisory Report** ### **Date**: December 8, 2024 ### **SPX Close**: 6090.28 **Prepared by**: --- ## **Introduction: Navigating the Path Ahead** As of December 8, 2024, the SPX stands at 6090.28, reflecting remarkable resilience amidst evolving economic conditions. This forecast report, grounded in Gann's legendary methodologies...

moleman340 Oct 23, 2024

Study the price action on this logarithmic daily chart. The thoughtful and observant student will be able to deduce how the magenta channel was constructed. Imo, this channel represents the current probable path of price. Study will certainly reveal existing time cycles. Imo, the next daily cycle top is due in late November-early December. The recent break...

moleman340 Oct 19, 2024

I contend that the monthly bar chart's historic parabolic is entering into it's final phase with a high-end target of 247.91. I have plotted a 10 cents=1 bar Gann fan from the Oct '22 low on this daily logarithmic chart. The white line is a sliding parallel to the 1X2 angle. Study the price action in the boxes. Note the multiple touches of the sliding parallel...

moleman340 Apr 4, 2024

I am long this stock since Dec. '23. For the last 12 years CERS has behaved in a cyclical manner. I plotted multi-pivot and maximum excursion lines in solid and dashed yellow. These lines conservatively characterize the range's boundaries and reveal that it's expanding. The black 2.5 year down trend line has been violated and retested. I plotted a down sloping...

moleman340 Updated  Apr 3, 2024

I have plotted a large Bull Bat pattern that merely yielded a natural harmonic reaction. News of a reverse split and a dilution deal with the enemy have caused the move to new all-time lows. Despite this, the large Bull Bat pattern is still in play. Note the Bull Shark(blue), Bull 0.618AB=CD(pink) and Bull AB=CD(teal). The natural levels found within each distinct...

moleman340 Mar 29, 2024

Price is apparently locked in a Harmonic Range; the most profitable environment for harmonic traders. From the July '23 top, price printed a 0.618AB=CD(orange) and immediately had a natural harmonic reaction(NHR); which is the high probability minimal reaction one should expect from a Type1 harmonic pattern entry. After turning and creating a false support...

moleman340 Mar 27, 2024

This powerful setup is for the patient believer only; no frenzied high-flyer here. I have plotted a large weekly Bull Alternate Bat. There are two distinct inside patterns embedded within this pattern(Bull Crab & Bull Deep Crab). The ideal entry based on these patterns was @12.73 in Nov '23. I have also plotted a Modified Schiff Median Line set and a 2+ year...

moleman340 Aug 24, 2023

I went long @ 28.45 yesterday. This pattern should be treated as a reaction; the Natural harmonic Reaction to the .236 retracement is the most likely outcome and is in fact a high probability trade. This patterns structure suggests that a move to 2.54-2.91 is certainly possible. I contend that that will not occur until the pattern at very least yields a NHR....

moleman340 Aug 21, 2023

After completing a 105 bar Bear Butterfly(purple), price had a deep reaction to T2 as it printed a 65 bar inside Bull Butterfly(teal). A strong reversal has led to the printing of a 107 bar Bear AB=CD(fat orange) and it's corresponding Entry Confirmation Line(fat orange horizontal). I have plotted a relevant upsloping Median Line set and a potential downsloping...

moleman340 Aug 5, 2023

Price printed an Entry Confirmation line(horizontal fat purple) and after a morning pump tested the line finding support near the lower keltner channel and near several potential support lines. It rallied hard the next bar; closing above the ECL. An hour later it is retesting the ECL and I went long with an average price of 45.31. Price is now near an...

moleman340 Aug 3, 2023

I am waiting on this Bull Reciprocal AB=CD for an entry confirmation line to print. Once it has, a test and re-test of the line is the trigger to find a long entry. This type of vetting process provides more certainty about the presumed pivot at the cost of sometimes missing the entry. In contrast, the harmonic stalker's faith-based entry occurred below the PRZ...

moleman340 Updated  Aug 3, 2023

This is an intriguing chart to me. Clearly the Bull Reciprocal AB=CD pattern, aided by the earnings announcement, yielded a major extreme impulse wave that met all of it's price targets. Price printed a counter-trend Bear Crab pattern and an entry confirmation line. Within a few bars, price quickly reacted to just beyond the Crab's .236 retrace level; completing...

moleman340 Updated  Aug 3, 2023

On July 21, price made a successful test and re-test of the Schiff Median Line(black) and rallied to new highs. It has now printed four distinct bearish harmonic patterns. Note the overlapping PRZ's and the price rejection @ 102.43(HOP level of the .618AB=CD). I have plotted the NHR levels(purple dotted) and targets for the Crab patterns(green). I've also...

moleman340 Jul 26, 2023

Price has collapse in a unusually orderly manner; staying within a six month long channel. A Bull AB=CD has printed. A more conservative stop can be used. I chose a 5:1 to compensate for the risk of this pig going under. If speculators lose their minds over this sector again, a move to target 1 may occur. DYDD

moleman340 Jul 23, 2023

Bullish complex harmonic pattern + median line test/re-test long entry. Target = center line or T1 & T2 Aggressive stop-loss used to obtain a better than 4:1 risk vs. reward DYODD