Market Map for May29
Posted: May 29th, 2009 | Author: Mike Korell | Filed under: One-Day Market Map | No Comments »







As with all things having to do with price movement in the stock market, changes forced me to throw out the old algorithm used to create these charts and search for a new fit. Today’s chart represents a new approach to the calculation. In backtesting this, it became apparrent that there is a 1-day shift which occurs every 4-weeks. My first take on that is that the lunar cycle is tied to this change. Not so. Up until yesterday, the most recent of these shifts, it occurred on the first Monday after a Full moon. Yesterday did not fit that pattern since May 9th was the full moon. The shifts always occur on Monday and coincide with a large move in the markets… check it out. I now have 3-weeks to determine how far this shift goes before it changes direction and shifts the other way. The clock is ticking.



