ENANTIODROMIA and GCN pt 22

THAT LAST COLUMN DOWN !

One Dimensional Charts

Versus Market Reality Charts

With at least TWO DIMENSIONS MOVING THROUGH TIME.

These  reveal WORK and INTRINSIC TIME.

Demand MEETING ABSORBING OVERCOMING Supply 

and SUPPLY meeting absorbing overcoming  DEMAND. (OR NOT ! )

WHAT is HAPPENING

and HOW it is HAPPENING

leads to WHY it is happening.

Describe WHAT IS HAPPENING !

Describe HOW IT IS HAPPENING !

Note this is always a question of the present and of  becoming.

OF a "NOW"  

"AS the whole object of these studies is to learn to read what the tape says, I will now explain a point which should be known and understood before we proceed, otherwise the explanations cannot be made clear.

First of all, we must recognize that the market for any stock - at whatever level it may be - is composed of two sides, represented by the bid and the asking price. Remember that the "last sale" is something entirely different from the "market price." If Steel has just sold at 50, this figure represents what has happened. It's history. The market price of Steel is either 49 1/8@50 or 50@50 1/8. The bid and asked prices combined form the market price. This market price is like a pair of scales, and the volume of stock thrown out by sellers and reached for by purchasers, shows toward which side the preponderance of weight has momentarily shifted." RDW

Remember that the "last sale" is something entirely different from the "market price." If Steel has just sold at 50, this figure represents what has happened. It's ( just ? ) history.

At the beginning is an empty chart .

Then at the start there is ONE BOX

What makes a BOX ?

WHAT fills a BOX ?

ONE leads to TWO

and

There is extension 

Up or DOWN

THE VERTICAL DIMENSION !

Starting and Stopping

THIS IS TIME !

Up or DOWN

becomes

UP AND DOWN !

THE HORIZONTAL DIMENSION !

Structure  <===>  Process 

( Important the two sided arrow points both ways )

Now answer this ==>

 WHY it is happening !

Your answer is YOUR ACTION !

and springs from your understanding of the reality of the market

YOUR answer concerns RISK AND REWARD !

OPPORTUNITY and it's  COSTS.

PERIL and it's REWARDS.

ANY aspect of reality can be measured and utilized. IF it is properly understood.

Our Figure charts are reality properly understood !

It is  OUR pair of scales, and the volume of stock thrown out by sellers and reached for by purchasers, shows toward which side the preponderance of weight has momentarily shifted.

DEMAND <===> SUPPLY

CAUSE<====> EFFECT

EFFORT <===> RESULT

Remember the dual effect of BUYING AND SELLING

Selling - Buying

Stopping - Starting 

Structure - Process

horizontal - vertical 

etc :-) - etc :-)

These are one but two !

They  generate each other and  BY their FLUCTUATIONS  ( VIBRATIONS )

and their EXCESS  create THE market reality .

Enantiodromia

" EXCESS "

This is important to understand !

Excess creates HIGH and LOW

START and STOP

OPPORTUNITY ( or PERIL )

IT Builds CAUSE.

But remember all  these are becoming never arriving.

There is never an ABSOLUTE Start or Stop.

THE ANSWER WHY is always  DYNAMIC !

Motorway