Reversals & Timing



Good morning. I would first like to thank you again for the Socrates service. It has provided me with a lot more confidence in my decisions as a trader and the warnings about the week of 5/6 that were being generated in the arrays many different assets saved me a lot of money.

My question for you is about how long reversals good to trade on. There were several assets that I have subscriptions to that were electing weekly bullish reversals in mid to late April but I did not trade on because of the arrays and from your writings on the blog that we are still in a consolidation phase. Did the turning point nullify the usefulness of the reversals as a trading signal going forward or have the arrays simply helped in finding a better entry point?



ANSWER: Once a reversal is generated it does not die until elected. But even after that, it can provide resistance or support in an immediate bounce. The key is to look at the gaps between reversals. When there is a cluster of them very close together, it does not indicate that there will be significant follow through.

Keep in mind that even a weekly Reversal may cause a trend to move for only a day if the following week is a Directional Change or turning point. Between the Arrays and the Reversals, you can see generally how far and how long a trend could materialize. You can look at the daily Array to gauge which day might be the high or low.

Latest Posts

I Will Be Speaking Next Week In Sweden

Special_Invite_OnGuardStockholm-3day_18092023_final (2) This conference is rather unique. This is blending the manipulation of COVID tactics to control society and the financial backdrop behind the agenda that has been the motivation [...]
Read more

Market Talk – September 21, 2023

ASIA:   The Bank of Japan is expected to maintain extremely low interest rates and reassure markets about continued monetary stimulus, despite global economic concerns linked to China’s situation and [...]
Read more

Neuralink Brain Implant Trials Begin

Elon Musk’s Neuralink received approval to begin a six-year trial to study the effects of brain-computer interface (BCI). A specialized surgical robot will be used to implant the devices into [...]
Read more

Ray Epps Charged

The events that occurred on January 6, 2021, were likely facilitated by the federal government to draw the public’s eye away from the election fraud that took place. It was [...]
Read more