Eric Thompson

Just a guy with a passion for MUSIC and trading TIME in financial markets. Music and time work in eighths. My music is on SoundCloud, Lyriclover/Eric Thompson

[Eric Thompson @EricTho71496498]

S&P500,G&S 2 May post said a minor correction in a strong trend, and we got it. Strong employment no. spooked market, they fear higher interest rates which make equities less attractive. In 2000&2007 higher rates smashed equities but I'm not sure we are there yet, could be wrong

[Eric Thompson @EricTho71496498]

S&P 500 G&S, Hear comments about how high the market is and stretched valuations. History shows this happens close to the end of every 18-20 yr cycle. If you are trying to short this be aware the market can stay overvalued longer than you can stay solvent. Trend is your friend .

[Eric Thompson @EricTho71496498]

S&P500,G&S, Previously said 4800(pastL&H)×1.618(7766) could be a target but given fast trend we may go higher. We are 60 &120d from 7000H &6300L. If a normal trend I would suggest a minor correction but this is strong. 7700 is a harmonic ext. of previous range & solstice is close

[Eric Thompson @EricTho71496498]

S&P500,G&S So 1200p in 45 days=short sharp correction or possibly multi week, may have to give back some more but still a strong move up, believe we are going higher, just a little exhausted. 45d appears to be dominant so watch around 28 June. 14th H was 360(45) fr 19 May 25 H.

[Eric Thompson @EricTho71496498]

S&P500 G&S, last post said 7766 a target, got halfway there and hit some turbulence. Interesting cycles just now. 45 fr 31 Mar L=15 May, 450 fr 19 Feb 25 H=15th, 27 Oct 23 4100 L+930=14th, 2 Sep 22 Silver L+1350=14th, 2 Sep 25 L+256□=16th, 10 Oct L+216=14th........

[Eric Thompson @EricTho71496498]

S&P 500 G&S So if 7200 is not top could it be 4800(Jan 22H&Apr 25L)×1.618(fib.)=7766. 1.618 is speed of light in nautical(natural) mps. Also growth rate of plants/humans. Measure top of head to belly button and bb to floor, ratio= 1.618. We grow/think in 1.618,in time and price

[Eric Thompson @EricTho71496498]

S&P 500 G&S Been talking about 7200 for months and we are close. Fed decision 29th, tech earnings as well. If good probably blow through 7200 or have good results been factored in already? Do I think 7200 is "the" top probably not. Time will end this bull market not price.

[Eric Thompson @EricTho71496498]

@margo_amala @TimeTrades1 Prepare to be amazed by the fact that most of his early calculations were done without the aid of a computer. All his books are great but The Harmonic Conquest Of Space encapsulates most of his early work. Sad he's gone but what a legacy.

[Eric Thompson @EricTho71496498]

S&P500 G&S Just a reminder that exactly 6 yrs ago the price of oil went negative as Governments and WHO totally misjudged Covid and nearly shut the world down. Now 72 months later due to more politics/greed oil is in the news again. I thought they were working for us, dump them!

[Eric Thompson @EricTho71496498]

S&P500 G&S Said 7000/7200 12 times since 10 Nov 24, hit 7000 28 Jan down to 6300 huge reversal to 7147, we'll get there but while the inmates are running the asylum who knows when. 7200 is 1.5 x 4800 Jan 2022 H & Apr 25 L. Universe solar system humans market = math/geometry ○□.

[Eric Thompson @EricTho71496498]

S&P 500 G&S Last 2 posts said 9th a day of interest. Since Mar low it is the closing high. Given failed war talks, Mon could be down so may be a short term high, difficult to call in a war environment with so much BS. 10th was 72 from ATH and half circle 182d(□) fr 10 Oct L.

[Eric Thompson @EricTho71496498]

S&P500 G&S The 2%+ move up was 1 yr from tarrif panic low 4800, and 9th is 1 yr from huge range day. 50% of the recent range is around 6650, love to see that again. During war both sides lie constantly so be careful what you believe, don't forget your stops

[Eric Thompson @EricTho71496498]

S&P 500 G&S 29th post said bounce, now we have a range to work with. 7000/6300=700÷2=350 so 6650 is first target, pro's know 50%, also 33%, 66% and fib .382 and .618 let's watch. Sun 29th was 60 from ATH. Timing is difficult because of political BS, 9th is 1yr fr volatile day.

[Eric Thompson @EricTho71496498]

S&P500 G&S Last post said a bounce and what a bounce. So 7002 H, 6316 L= 686 range, isn't that Mars orbit of the sun? Divide by 2 =343(7×7×7)+ 6316=6659(6660) 10x 6 Mar 2009 666 bear Low, back 6240d(144,64,90). So 50% of range=6660, this run or next maybe another push lower.

[Eric Thompson @EricTho71496498]

S&P 500 G&S Interesting cycle activity later in week. 2 Apr is 360 fr 7 Apr 25 panic tarrif low, 90 fr 2 Jan L, 180 fr 4 Oct(Sat, Mon 6th was BTC 126K ATH), haven't we come a long way down. In the meantime we may get a bounce as we are 60 from S&P ATH, but think a new low later.

[Eric Thompson @EricTho71496498]

@Bluekurtic Interesting stats, on 11 July 2008 oil hit $147, inflation adjusted that's probably close to $200 today. I guess blatant manipulation is less emotional than war. The world didn't end then and won't now. Btw by Xmas 2008 oil got smashed down to around $30, what does that suggest

[Eric Thompson @EricTho71496498]

S&P 500 G&S Mon 23 Mar 20 S&P hit 2185 covid panic low, on Mon 23 Mar 26 hit 6430 panic low and huge move up to 6700. That's 2193 days, 2196(144)=26 Mar, 2209□=8 April, 1 yr/circle from 7 Apr tarrif panic low and 9 Apr huge range day. 23 Mar 2000 was major bull top 9504d= 66x144

[Eric Thompson @EricTho71496498]

S&P500 G&S Recall the 7 Apr 25 tarrif panic 4800 low, +360(circle)=2 Apr,+361(□)= 3 Apr, 9 Apr huge range day +360=4 Apr, +361=5 Apr and 7th/9th complete yearly orbits of the sun. Easter looks interesting and with oil in the news recall 20 Apr 20 when oil went -ve 72 months ago

[Eric Thompson @EricTho71496498]

S&P500 G&S, Prev post said equinox important, right on cue we get dumped to the 6500 lows from 10 Oct(162days) and 21 Nov(120). On 8 Mar said watch 6500. If it wasn't for the morons and their war games I would suggest a low here as time and price look good. More chop in April.