1. The oscillatos excel document
The idea basically is that these oscillators are like a mirror image of the security( except for dollar where the oscillator and security US dollar go in the same direction). That is , these oscillators are down(bottom) when the market makes highs and up(top) when the markets make the lows.
The Yellow is a fastest oscillator. These oscillators are derived from special calculations, I call market pressures. When the YELLOW is high market pressure to buy is high and when the Yellow Oscillator is low the market pressure to sell is high. Now, the other oscillators are slower oscillators ( averages over the Yellow ) and they move slower. Usually it takes the Pink oscillator high to create buy pressure enough to rally the markets and it takes the Pink oscillator low to create the sell pressure enough to drop the markets.
Green oscillator is even slower and it is even more pronounced in its ability to spot possible tops and bottoms. You can see on very high buy pressure points( high pink readings) that created the rally we are in now. Also you see very low pink oscillator readings around 2008 highs( several times). Ok, these oscillators are not infallible, but they are used in conjunction with other tools to confirm
the possible changes in the market.
2. APs,are as follows. They daily and intraday are given in tables on Market Report , for many securities. The distinctive feature of them is that INTRADAY/Hourly have five high and five low APs and daily have 4 high and 4 low APs. It is very seldom that market reaches 4th and 5th daily APs on either side, but it is very probable that market , on a given day will reach the 2nd and 3rd daily APs( DHAP2, DHAP3 and DLAP2, DLAP3). For that reason when the market goes stong higher we can easily surmise that it will reach the high that will be around DHAP2 - DHAP3 and if it goes lower it can reach around DLAP2 - DLAP3 area. This is as probable as 50% or more. Which means market will go over to DLAP2 or DHAP2 50% of the times. That is an important information.
That allows us to take profits when market reaches those points( if one is a day trader) or , actually, initiate the trade in opposite direction. APs act just like any other resistance support points( FIBOs for example), but they are our own derivations and they are important because BIG TRADERs use them. Public, is usually not aware of these points.
THE DHAP2,DHAP3 and DLAP2,DLAP3 become even more important if they CONFLUENCE with INTRADAY counterpart APS (IHAP4 and IHAP5, and ILAP4-ILAP5). Usually these kind of confluences create a wall whee the market is obliged to stop. BLUE lines express Daily APs and multicolor Lines express the Inraday/hourly APs. You can notice this very clearly on the Emini daily graph. Our arrows, will , usually lead to to those confluences where IHAP5 and DHAP2 collocate or ILAP5 and DLAP2 collocate. It should be clear, why we do this, because it wroks. Markets will , very often stop exactly or around those areas.
3. EMINI graph. VB is value BLOCK. That is an area of daily trade where many trades have been conducted( it is our own calculations, proprietary). Thus they define what We call ValuaBlock. The distinctive feature of them is that once the market goes out of that area and stays there long(er) then the market will, most likely, escape this VB area and go in that direction of the break out.
It is kind of a test and breakout box! That is why , when you see emini graph, you see us show arrow showing to back to testing this area( if market is outside of it in the open) and if the test rejects that area then the market will continue in the direction it has already broken before the open. That is really a simple concept , again VB is very important at the open time! Usually, at the open, market has not reached the DHAP or DLAP two area. From what we said above it is very probable that market will visit one of these! That is why it is now easy for us to do as follows( you can all of that from the info we provide.
You just need the APs and VB). Look at the market at the open. Decide if it is inside VB or outside VB. Then make an assumption that market will go back reach the outes side of the VB early in the trading( frist hour os so). So, VB top is 1100 and market opnes 1105 then it becomes very likely that market will go back and test 1100 within first hour and if it does not break below 1100 then it will rally again and go where? Yes, you guessed it correctly. It will go to IHAP5 and DHAP2 area( best if they are close together).? You see, it becomes easy to figure out what market path will be , once one has APS and VB! same considerations happen if the market opens below VB. The first expected test will be for market to rally to VB bottom and reject from there and go to DLAP2 area and ILAP5 area and the best is if those two are close to each other. Market as we know is VERY, VERY likely, statistically speaking, to reach one of the IHAP5 or ILAP5.
4. BigPicture contains long term APs weekly monthsly( which are boght Annual APs). They are extremly important and more powerful than daily or intraday APs, Markets will seldom go through them without rejection first and total rejection sometimes. That is how we identified the SPX low 666 2 months in advnace. We had the AP there and we knew that it was very likely market will go there and if it did not stop next ap was at 480 and we assumed , it was very likely market will stop declining at 666. The rest is the history!