The concept of a “square out” is one of the most important in all of harmonic trading.
In this case, we believe that PRICE and TIME are the same thing. They are a NUMBER and they are intertwined. Say price makes a high (or low) of 50… then 50 seconds, 50 hours, 50 days, 50 degrees of planetary motion (time), etc. are spun out.
For the NYSE Stock Market Index we have a BIG square out approaching.
The all time low on the NYSE Index was on 10/03/1974. That was, from tomorrow, 18050 calendar days ago.
18050-17728 (Friday’s close) = 322 points.
We are 322 points away from a HUGE square out of PRICE and TIME.
Take note of the last “big high” about 2 years ago … in that case, the market closed at 17,259 which so happened to be EXACTLY 17,259 calendars from the all time low. That is the significance of the red trendline – it’s the 45 degree angle and 1:1 or 1 point/day…
