Whenever the North Node passes through Scorpio and Libra (The North Node moves backward through the zodiac), business goes through an approximate three year ” transition period”, if there are no unfavorable secondary factors present to distort the business activity curve; business volume is going from normal to above normal. creating a prosperity period or the beginning of a bull market in the stock prices as well as other forms of business. Whenever the North Node reaches the sign of Leo, Business Volume is normally at a high point, if there are not secondary factors present of an unfavorable nature to distort the curve. As the North Node passes through Cancer and Gemini, Business Volume is above normal, but the trend is slowly toward normal. Favorable secondary factors can prolong this prosperity period beyond the allotted time and unfavorable secondary factors can decrease the length of the favorable period. Whenever the North Node moves into Taurus, a “transition period” beg...
In an uptrend or downtrend watch for a correction which is greater in both price range and the length of duration of time from the previous correction. Similarly look for correction which is equal in both price range and time with the previous correction, this is balancing of time and price. You can get more profits by following this simple method of overbalance and balance of time and price. Bull markets go up longer than they go down. Bear markets go down longer than the go up.
When the retracement of a rally is shallow, it indicates a stronger opinion of the shorter timeframe traders versus the opinion of the longer-term traders. Alternatively, if the longer time frame traders agree with the shorter timeframe traders (that the market is ultimately heading higher), they stand aside rather than fading the previous rally knowing that the 5-minute Bulls will exhaust themselves and prices will retrace. This is when they look to enter the market. If the price of com retraces less than 33% of the prior rally, then we could say that the 5-minute Bulls are stronger and/or the 15-minute traders agree with the shorter-term timeframe opinion. Should the Bears push the retracement to 50% or more, the 5-minute traders are probably being overpowered by a more powerful longer timeframe. Should the retracement be more than 66%, the traders in the shorter timeframe that caused the price movement would be in trouble When looking at a price chart, it is readily apparent th...
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