A trend channel

Pre-market analysis for August 31st (2 am)

Pre market analysis for Thursday August 30th

Warning - I did not get much sleep last night, and I have already broken a cup this morning, so please read the analysis in light of that information :-)

Geir's pre-market analysis for Wednesday August 29th

Pre-market analysis for Tuesday August 28th

I have changed the line type of the period pivots to reflect the regular color they represent, and I plot them with dashes. The global SMAs from other charts are now dash/dot's.

Weekly analysis for Monday August 27th

Pre-market analysis for Friday August 24th

Pre-market analysis for Thursday August 23rd

Pre-market analysis for Wednesday August 22nd

Abbreviations and standards used in this blog

In order to make it a bit easier to stay consistent with terminology and also save space in the analysis I am using a few terms and corresponding naming standards.

Cycle lengths and colors
Abbreviation - cycle length - color
MY - multi year - white
MM - multi month - cyan
MW - multi week - dark green
MD - multi day - blue
24h - 24 hour - white
Session - session - dark olive
3h - 3 hour - light blue
1h - 1 hour - purple
15min - 15 minute - yellow

Trend lines
Naming convention:
<Direction><"trend line"> <cycle length>
Examples

• UTL1h - uptrend line based on hourly cycle lows
• DTLSession -  downtrend line based on session cycle lows  

Moving averages

Moving averages are always calculated using the mean price of the candle.

Naming convention:

<SMA><cycle length>

Pivots

Bar pivots are calculated only based on the previous bar, and the formula is (high + low + close) / 3. The same pivots will be found on lower time frame charts, but this time as horizontal lines.

Naming convention:

<Piv><cycle length>

Global variables

I have written some functionality in NinjaTrader, which allows me to push the latest value of certain indicators to other charts. I use this to push for instance moving averages from higher to  lower time frame charts. You can see this on the lower time frame charts by noting that there is a horizontal line going across the whole chart, and the line is dashed. This means that I for instance can see the SMAMW (standard moving average set to the length of the multi week cycle) on the hourly chart as calculated on the daily and weekly charts.

Concepts
My knowledge of most (if not all) concepts used in the analysis presented on this blog can be attributed to the patient Glenn Suprenard - founder of  the now discontinued Cycles?? WhatCycles? blog

Pre-market analysis for Tuesday August 21st

Pre-market analysis for Monday August 20th

Weekly projections Monday August 20th

Pre-market analysis for August 17th

First a quick glance at the S&P, where we can see that the market is at a significant previous high. Time will tell if this has any importance...