Kind Words from Terry Laundry, Founder of T Theory

"Parker has sent me what I consider to be the most important refinements to T Theory I have ever received from anyone in an e-mail . . . which he calls Tweaking the 13th Advance Decline T." September 29, 2010

"Parker has sent me a very interesting concept which is the NY Advance Decline line divided by the put-call ratio . . . What he's done is introduce the idea of sentiment." September 15, 2010

"Parker discovered the Money Flow Ts . . . This is something like the Holy Grail in T Theory. You are always looking for something that will help you refine the peak date." October 17, 201

"Money Flow Ts are probably the greatest new thing I have seen in 20 years in terms of time symmetries." December 5, 2010.

Friday, December 17, 2010

$$ SPX Inverted Head & Shoulders Continuation Pattern?

If we break the neckline next week, the formation suggests a target of ~1258:


Posted by at

7 comments:

  1. AnonymousDecember 17, 2010 at 3:39 PM

    Parker,
    Just created the MFI for the SPY - using TRADING days, I get the projected top date as 12/13/10 (7/2/10 closing low, 9/21/10 MFI peak). There was EVERY chance to have the 12/13 peak exceeded today - we didn't - I wouldn't be surprised by a drop down to 1180 now).

    ReplyDelete
  2. marketliveDecember 17, 2010 at 3:48 PM

    Reverse Hindi?

    ReplyDelete
  3. BillHDecember 17, 2010 at 4:10 PM

    Achal

    Momentum is still on the Buy side, my Momentum Change indicators generated a Buy signal on 12/1 at 120.5 on the SPY.. and that Buy signal is still in effect.

    Any change would require a significant down draft, which I thought we might get a couple of days ago, but it did not happen, and my signal has moved back from sideways to confirm Buy.

    Bill

    ReplyDelete
  4. PositionSizingDecember 17, 2010 at 4:11 PM

    Achal

    55 trading days between 7/2 and 9/21. 12/8 is 55 trading days after 9/21.

    Marketlive

    Hindys are valid for 120 days

    ReplyDelete
  5. UnknownDecember 17, 2010 at 8:15 PM

    Hey Parker! i'm a 20 years old brazilian student and follow you closely on twitter...first of all, thank u for sharing your thoughts!
    Secondly, could u explain what r the "lowry's, 6-day, 5-day and 10-day" that r in marty schwartz "pit bull guide for trading"? thanks a lot!
    Joseph

    ReplyDelete
  6. PositionSizingDecember 18, 2010 at 12:04 AM

    Thanks Joseph.

    I'll have to dig my copy of Pit Bull out. I'll get back to you.

    ReplyDelete
  7. ForwardDecember 18, 2010 at 12:11 PM

    Remind me what happened the last time the Hindenberg omen was triggered. Thanks.

    ReplyDelete

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