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MarketWarrior One-Minute Planetary Index

MarketWarrior can draw the "One Minute Index" which is a planetary index developed by Mr. Mikula for the 1 minute bar chart. This is the first planetary index developed for forecasting the intraday time frames. After a market closes for the day, the settings for the One Minute Index are adjusted so the pivots in the index correlate with the last four or five pivots on the 1 minute bar chart. This creates the forecast for the next day. The first chart below shows the 1 minute bar chart for the symbol QQQ after the market closed on April 21. The One Minute Index has been adjusted so that the index pivots line up with the last several pivots on April 21, this creates the forecast for the next day April 22. The following sequence of charts shows the forecast index on April 22.

1 minute Index a

The next chart below shows the forecast index for April 22 on the QQQ 1 minute bar chart covering the market open at 9:30AM to approximately 11:30AM. The index will draw vertical pivot lines marking the tops and bottoms in the One Minute Index so they can be easily correlated with the market pivots. The index pivots at A, B, C, D and F all correlated with pivot bottoms in this market. The index pivot at E correlated with a market top.

1 Minute Index b

The next chart below shows the forecast index for April 22 on the QQQ 1 minute bar chart from approximately 11:30AM to 2:00PM. The index pivots G, I and J correlated with market bottoms. The index pivots H and K correlated with market tops.

1 Minute Index c

The final chart below shows the forecast index for April 22 on the QQQ 1 minute bar chart from approximately 1:50PM to the close of the day at 4:15PM. The index pivots L, N, and O all correlated with market bottoms. The index pivots M and P correlated with market tops.

1 Minute Index d


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